Stock markets around the world sold off on Monday as surging coronavirus infections prompted a new wave of fear and uncertainty, barely a week before a U.S. election that could reshape global geopolitics. The reason for the selling was a new wave of fear washing over markets as COVID-19 infections are rising to record levels in many places. Surging coronavirus infections have prompted a new wave of uncertainty on stock markets. U.S. election impactRenewed coronavirus fears were the main thing roiling markets, but the U.S. election was also a contributing factor, Ciezinsky said. "They aren't sure what the result might be or if it is disputed [so] this is about fear and uncertainty.

Source: CBC News October 26, 2020 20:15 UTC