Global markets fall amid pessimism over soaring Covid-19 cases

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Global markets fall amid pessimism over soaring Covid-19 cases

European markets drop, with UK's FTSE 100 down by 1.9%, and it follows a slide in Asia overnightBusiness live updates: FTSE 100 hits two-month lowCoronavirus – latest updatesSee all our coronavirus coverageStock markets have fallen across the world amid deepening pessimism over a surge in Covid-19 infections.Most markets in Europe dropped by more than 2% after a slide in Asia overnight that came when Indonesia reported an increase in cases and some athletes tested positive at Tokyo's Olympic village, with the Games due to open on Friday. Continue reading...