The Dow Jones joined the Eurozone indices in the red on Monday, while the FTSE continued to buck the wider trend.
Dropping close to 250 points, the Dow spent the early part of the US session lurking the wrong side of 23500. This as investors continued to fret about the way Donald Trump is trying to create an election campaign based on blaming China for the coronavirus, a strategy that could have dire consequences for relations between the two superpowers, and therefore the global economy.
How the US indices perform across the rest of the session will likely be dependent on whether Donald Trump or one of his cronies lobs any more verbal grenades towards China on the topic of tariffs or lab-grown virus conspiracies.
A more intense version of those losses were found in the Eurozone, where the DAX dove 360 points lower, the CAC fell more than 4%, and the Index shed 200 points.
In contrast, the FTSE had a rather easy time of it. The UK index actually managed to add a handful of points, benefiting from a basket of positive movements, including notable gains for BP (LON:BP), Shell (LON:RDSa), AstraZeneca, Glaxo and Ocado (LON:OCDO), alongside a half a percent decline from cable.
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