European Stoxx 600 fell 0.1% in early trading. German Dax (Dax) Rose 0.2%, while the French CAC 40 (CAC40) Down 0.3%, FTSE 100 (UKX) London fell 0.2%.
Japan’s Nikkei 225 (N225) It fell by 2.3%. Korean Cospi (Gaussian)Down 1.9%. Hong Kong’s Hang Seng Index (Hang Seng Index) Fell by 1%, while China’s Shanghai Composite (Shanghai Commodity Exchange) It fell 0.6% after the first trade since the long holiday.
At the same time, the US stock market fell sharply on Friday, and US stock market futures were sluggish. Dow (Indu)
Futures rose 45 points, or nearly 0.2%. Futures S&P 500 (SPX)
Rose by 0.1
%, while NASDAQ (make up)
Futures fell 0.1%.
Dai Hui, an Asian market strategist at JP Morgan Asset, said: “The rebound in infection rates, especially in the United States, shows that the road to full recovery will be long and will require medical solutions such as vaccines.” Management Wrote in Monday’s note.
He added that the situation in the United States may also cause concerns in Europe, and European governments are considering further opening the border during the summer.
He said: “We expect market sentiment to become more cautious in the short term because investors have hedged against the risks of a pandemic and the continued tension between China and the United States.”
Facebook fell again
Facebook (FB) As the momentum to boycott the company increases, the stock may still be under pressure. Some of the world’s largest advertisers, including Unilever (UL certification) with Coca Cola (Coke), Has withdrawn ads from the platform on the grounds that it failed to resolve hate speech. Facebook shares fell more than 8% on Friday, and Monday’s premarket trading fell another 2.4%.
In oil trading, US crude oil futures fell 1.7% to $37.85 per barrel. World oil benchmark Brent crude fell 2% to $40.21 per barrel.