Stocks hover near seven-week lows as virus fears hit China markets after holiday
Share:
LONDON (Reuters) - A gauge of global stocks hovered near seven-week lows on Monday as Asian stocks plunged on their first trading day after a long break, amid fears the coronavirus epidemic would hit Chinese demand.Markets elsewhere showed signs of rebounding, however, after a selloff last week that pushed global stocks into negative territory for the year.Shares opened higher in Europe on relief that the UK had finally exited the European Union, although fears about the coronavirus kept buying..