Stock markets fall as rise in US Covid-19 cases trumps vaccine hopes    

New York is latest state to introduce social distancing restrictions

The Charging Bull statue  in New York's financial district. 

European and US stock markets fell as a surge in Covid-19 cases in the US trumped hopes for the development of a vaccine. 

New York became the latest state to introduce social distancing restrictions this week, as new infections in the country surged above 100,000 for an eighth consecutive day.