Stock markets on both sides of the Atlantic resumed their downward trend in volatile trading Monday, as a rollout by the Federal Reserve of another flurry of measures for companies failed to turn the fearful mood around. The Fed’s move came shortly after a trillion-dollar Senate proposal to rescue the reeling US economy crashed to defeat Sunday, with a devastating impact on stocks first in Asia, and then in Europe and the US. “A leap in the global death toll led by Italy from the coronavirus coupled with a failed stimulus vote in the United States saw markets rocked at the start of the week,” said London Capital Group analyst Jasper Lawler.
