Stocks struggled for course on Monday, amid blended indicators in regards to the COVID-19 pandemic.The FTSE 100 (^FTSE), DAX (^GDAXI), and CAC 40 (^FCHI) all dropped over 1% on the open. The worst hit was the CAC 40 in Paris, which fell round 1.5%.All three indexes had recovered by mid-morning in Europe to commerce within the inexperienced however drifted again into losses by the afternoon.The FTSE 100 ended down 0.7%, the DAX closed down 0.5% and the CAC 40 misplaced 0.6%.“Investors continue to be pulled from different directions by various headwinds and tailwinds,” stated Russ Mould, funding director at stockbroker AJ Bell.“On one hand there is positive news such as Spain accepting UK tourists without the need for quarantine, adding to the list of restrictions being lifted across Europe.“On the other hand, the US still seems to be struggling to contain the coronavirus and the risk of a second wave is still front of mind for many people.”The US recorded 24,800 new COVID-19 instances on Sunday. Ian Shepherdson, chief economist at Pantheon Macroeconomics, stated the US is “on course for five million [COVID-19 cases] by the third week of August, and 10 million by mid-October, in the absence of drastic changes in either public policy and/or people’s behaviour in the states where cases are rising.”Germany can be coping with a recent spike in new instances, linked to an outbreak in a significant meat processing manufacturing unit.China continues to deal with an outbreak in Beijing, the place colleges have been closed and folks have been requested to work at home.“The virus spread continues to create a lot of uncertainty in markets,” Jim Reid, a strategist at Deutsche Bank, stated. “For example, does it matter that the troublesome US states are continuing to see case numbers increase or does it provide some good news that economies can stay open as cases rumble on?”International confirmed instances look set to quickly go 9 million, whereas deaths stand at 468,331 in accordance with John Hopkins College.US futures had pointed to a optimistic open, however main markets opened decrease in New York.The S&P 500 (^GSPC) was up 0.1% by the point European markets closed, whereas the Dow (^DJI) was flat and the Nasdaq (^IXIC) rose 0.5%.READ MORE: Pub-goers must quit private particulars to get a pintAsian markets had been weak in a single day. Japan’s Nikkei (^N225) slipped 0.1%, the Hong Kong Cling Seng (^HSI) slipped 0.7%, the Shanghai Composite (000001.SS) closed flat, and the Shenzhen Part (399001.SZ) rose 0.2%.In London, journey stocks got here beneath stress. Continued outbreaks of COVID-19 make the prospects of a revival for the battered vacation sector even slimmer.British Airways-owner IAG (IAG.L) slipped 4.6% and InterContinental Lodge Group (IHG.L) dropped 3.3%. Carnival (CCL.L) fell 10% after cancelling all its cruises till at the very least 30 September.Glencore (GLEN.L) closed down 3.3%, after traders reacted to information of a Swiss legal probe into an alleged failure to stop corruption within the Democratic Republic of Congo, the place Glencore has enterprise dealings. The investigation was disclosed after markets shut on Friday.