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Developments surrounding the coronavirus pandemic likely continued weighing on investor sentiment. The WHO said Saturday that more than 200,000 coronavirus cases were confirmed over a 24-hour period — a record.
Over in the U.S., the states of Florida and Texas reported daily record spikes in coronavirus cases on Saturday. The recent surge in cases has raised concerns over the possibility of lockdowns being reintroduced to curb the virus’ spread, that could put a dent on the prospects for economic recovery.
Tensions between Washington and Beijing will also be watched, with Reuters reporting over the weekend that two U.S. aircraft carriers were sent to the South China Sea during Chinese drills.
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Read More: Shanghai soars more than 3%; WHO reports all-time high in coronavirus cases
