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Markets rattled by fears of fresh Covid curbs in China

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AFP

London (AFP) – Asian and European stocks mostly fell Monday, with investor sentiment hit by renewed Covid concerns in China amid warnings that markets would remain lacklustre for some time. Shares headed lower as China’s first coronavirus death in six months sparked fears officials would reimpose strict, economically painful restrictions to fight outbreaks across the country. “The bear market is not over, in our view,” Goldman Sachs strategist Peter Oppenheimer said. “The conditions that are typically consistent with an equity trough have not yet been reached. We would expect lower valuations …

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