BusinessStocks, yields, oil fall as pandemic fears linger
Rodrigo Campos
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The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 16, 2021. REUTERS/Brendan McDermid/File Photo
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A gauge of stock prices across the world was on track on Tuesday for its largest daily drop since early March as concern lingered over rising global COVID-19 cases, while oil prices also fell.
The dollar index ticked up after earlier touching its lowest level since March 3 and Treasury yields fell, though they still held above last week s more than one-month lows.
India reported 1,761 deaths from COVID-19 overnight, its highest daily toll, while Canada and the United States extended a land-border closure for non-essential travelers.
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