Tag Archives: reversal

European stocks slumped Thursday in early trade, losing ground for a fourth session as traders looked for a new catalyst after the breathtaking rally from the depths of the coronavirus crisis. Up 32% from its March lows, the Stoxx Europe 600 SXXP, -2.59% skidded 2.5%. Decliners included airline Deutsche Lufthansa …

The U.S. stock-market rally has been unraveling, with a period of historic gains coming to a screeching halt, as fear that the coronavirus epidemic may reach America rattles Wall Street. The Dow Jones Industrial Average DJIA, -0.46% finished lower for a fifth straight day along with the S&P 500 index, …