Investors are concerned about the threat of a new wave of coronavirus.
European markets on Tuesday showed mixed dynamics: London’s FTSE index rose 0.4 percent, Frankfurt’s DAX is standing still, and the Paris CAC-40 fell slightly.
Earlier on Tuesday, Asian markets suffered notable losses amid concerns about the second wave of coronavirus. The Hong Kong index was down 1.4 percent at the close, while indexes in Sydney and Taipei lost just over 1 percent. Tokyo, Seoul, and Shanghai showed a slight decline.
Futures for the US Dow Jones, S&P 500 and Nasdaq indexes are trading 1 percent lower, indicating that trading on wall street will also start in negative territory.
The price of US West, Texas Intermediate crude, rose 2.6 percent to $ 24.79 a barrel, while benchmark Brent crude rose 1.5 percent to $ 30.08 a barrel.
Although the world’s economies are beginning to return to normal gradually, experts warn that it will be difficult for US markets to achieve a full recovery if a mass testing system is not established soon and a vaccine is not available.