Global equities tumble on covid-19 fears and US jitters

Stockmarkets fell yesterday (26 October) following concerns about new lockdown measures across Europe and yet another failure to agree on a new US stimulus package.  The S&P 500 fell by almost 3% yesterday afternoon before closing down 1.9%, marking its worst day in a month following fears over a record surge in new US coronavirus cases just a week before the US Presidential Election. However, Nancy Pelosi, Democratic speaker of the House of Representatives, expressed optimism about renewing the fiscal deal for jobless benefits which expired at the end of July. The sharp drop in Wa...