**Title:** Dow Drops as COVID Concerns Mount
**Summary:**
A surge in coronavirus cases across Europe and the US is causing concern among investors. Germany and France are experiencing drops in their stock markets due to lockdown measures. The Dow, S&P 500, and Nasdaq all saw declines at the start of trading. With COVID-19 cases rising in the US, there is a growing fear of further economic impacts. The possibility of new lockdowns and uncertain political situations are contributing to market volatility.
—
**Main Points:**
– Rising COVID-19 infections in Europe and the US are affecting investor confidence.
– Stock markets in Germany and France dropped due to lockdown announcements.
– The Dow, S&P 500, and Nasdaq all experienced declines in trading.
– COVID-19 cases and hospitalizations are on the rise in the US.
– Speculation about potential lockdowns is causing fear among investors.
– Travel-related companies like airlines and cruise lines are facing stock drops.
– Market volatility is expected to continue due to COVID-19 and political uncertainties.
—
**Additional Details:**
– German Chancellor Angela Merkel’s announcement of a limited lockdown led to a 4.4% drop in the German Dax index.
– France’s CAC 40 dropped 3.3% amid rumors of another stay-at-home order.
– US COVID-19 cases have seen a daily average increase, and hospitalizations are up in 36 states.
– CNBC’s Jim Cramer predicts potential lockdowns without stimulus could impact the market.
– Delta Air Lines and Royal Caribbean stocks have already dropped due to fears of a new lockdown.
– UBS’s Mark Haefele warns of continued volatility due to COVID-19 and political uncertainties.
