World Stocks sapped by coronavirus surge, recession gloom

LONDON/SINGAPORE (Reuters) - World stocks spluttered to their lowest level in over a week on Thursday, as a surge in U.S. coronavirus cases and an IMF warning of a nearly 5% plunge in the global economy this year hit the bulls again.Asia had suffered its biggest drop in eight sessions overnight and Europe's STOXX 600 fell almost 1% to add to the 3% drubbing it had taken the previous day, albeit following a red-hot few months. Nerves were rising again about the impact of COVID-19.In the United..