Thursday Outlook: Stocks retreat on second wave concerns

Dollar gains; oil falls; gold steady

  
Dividers are seen inside a trading post on the trading floor as preparations are made for the return to trading at the New York Stock Exchange (NYSE) in New York, U.S., May 22, 2020.

Dividers are seen inside a trading post on the trading floor as preparations are made for the return to trading at the New York Stock Exchange (NYSE) in New York, U.S., May 22, 2020.

REUTERS/Brendan McDermid

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Global stocks retreat on rising second wave fears
Investors fret over rise in infections in U.S, China

Dollar and yen gain on worries about virus and economic outlook
Risk appetite fades as virus cases rise again

Oil prices fall on demand concerns as coronavirus cases rise
OPEC warns of continuing oil surplus in H2

Gold steady as virus cases rise, stronger dollar limits upside
Spot gold was flat at $1,726.69 per ounce


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