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World shares weaker as virus fears overshadow US stimulus

  • calendar 21-Dec-2020
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World shares weaker as virus fears overshadow US stimulus

Global shares retreated Monday as worsening coronavirus outbreaks overshadowed news that US lawmakers finally set a deal on more support for American families and businesses. Markets fell in Paris, London, Frankfurt and Tokyo but rose in Shanghai.Passage by the Congress of the nearly $1 trillion Covid-19 economic relief package was expected later Monday. However, a resurgence of virus outbreaks around the globe has dented optimism that vaccines can bring a swift end to the pandemic.

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