# Stock markets slide as Covid-19 cases rise

> US stock indexes had their sharpest drop in weeks, with the Dow closing down 2.3%, as surging Covid-19 cases raised concerns about economic damage. European markets also fell after new restrictions, and travel and energy shares took the heaviest losses.

- Date: 2020-10-26 · published 2020-10-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/8190-stock-markets-slide-as-covid-19-cases-rise
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Rising virus cases and renewed restrictions weigh on economic growth and energy demand, which can pressure crude and related commodity prices. The direct impact on feed commodities is limited.

## Read by commodity

- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2020-01-27 | [Stocks and Oil Drop, Gold Rises As Wuhan Coronavirus Spreads - Markets Insider](https://feedsoft.ai/events/4514-stocks-and-oil-drop-gold-rises-as-wuhan-coronavirus-spreads-markets-insider.md) | -4.7% | -5.1% |
| WTI | 2025-12-10 | [Diesel Futures Slide as ULSD Market Weakens and Inventories Rise Across Global Oil Markets - oftrb.com](https://feedsoft.ai/events/21714-diesel-futures-slide-as-ulsd-market-weakens-and-inventories-rise-across-global.md) | -5.1% | -1.0% |
| WTI | 2020-04-26 | [Oil price crash, COVID-19 weaken grains and oilseed markets](https://feedsoft.ai/events/53733-oil-price-crash-covid-19-weaken-grains-and-oilseed-markets.md) | +21.1% | +105.0% |
| WTI | 2018-12-24 | [US crude falls below $43 a barrel as stock market sinks](https://feedsoft.ai/events/8703-us-crude-falls-below-43-a-barrel-as-stock-market-sinks.md) | -0.5% | +15.7% |
| WTI | 2020-03-20 | [How COVID-19 impacted grain, energy markets this week](https://feedsoft.ai/events/7427-how-covid-19-impacted-grain-energy-markets-this-week.md) | -26.8% | -27.2% |

## Sources

- bbc.com: https://www.bbc.com/news/business-54694956

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.