
Stock Markets Rattled By Trump’s China Virus Claims
London and New York stocks sank on Friday after US President Donald Trump lashed out at China over the coronavirus crisis, bringing back bad memories of a damaging standoff between both countries over trade.
The eurozone’s key equity markets were shut for a public holiday as were several exchanges in Asia.
Investor nerves were tested further by a weak bottom line for Amazon even after the retail giant’s revenues received a boost from online shopping under the coronavirus lockdown.
The company warned earnings in the second quarter would be entirely wiped out by expenses related to COVID-19.
“Global markets continue …