GLOBAL MARKETS-Stocks, yields, oil lower; pandemic fears linger – Reuters

GLOBAL MARKETS-Stocks, yields, oil lower; pandemic fears linger – Reuters

* European stocks 1.9% weaker; U.S. indices down around 1%* Oil drops with eyes on India coronavirus cases surge* Dollar ticks up from near lowest in weeks (Updates throughout, changes dateline; previous LONDON)NEW YORK, April 20 (Reuters) - A gauge of stock prices across the world was on track on Tuesday for its first back-to-back losses this month, on lingering concern over rising global COVID-19 cases, while oil prices also fell.The dollar index ticked up after earlier touching its lowest level since March 3 and Treasury yields fell, though they still held above last week's more than one-month lows.India reported 1,761 deaths from COVID-19 overnight, its highest daily toll, while Canada and the United States extended a land-border closure for non-essential travelers.On Wall Street, travel stocks weighed on sentiment, with airline and cruise operators falling sharply.“Rising COVID-19 cases around the world is a risk,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Investors may be taking a little bit of profit as they recognize that a lot of ‘reopening trade' may already be priced into the markets at this point.”The Dow Jones Industrial Average fell 292.03 points, or 0.86%, to 33,785.6, the S&P 500 lost 37.61 points,