Covid fears hurting the recovery idea

There is a lot of red in the major indices to start the trading week. A snapshot of the market currently shows:

  • Dow industrial average -463 points or -1.35%
  • S&P index -50 points or -1.16%
  • NASDAQ index -171 points or -1.19%.

This comes on the back of declines of Friday that saw the:

  • Dow losing -299 points
  • S&P -32.87 point
  • Nasdaq -115.9 points

in other markets as stock trading gets underway

  • Spot gold and rallied in early North American trading and currently trades near unchanged at $1810.65. At the start of the day it was trading down around $-11.58 at $1799.26
  • Spot silver is trading down $0.39 or -1.5% $25.28
  • WTI crude oil futures are trading down $-2.64 or -3.68% at $69.17

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