Europe Clamps Down; Regeneron Trial Shows Promise: Virus Update

Germany and France will clamp down on movement for at least a month, coming close to the stringent lockdowns of the spring as European leaders seek to rein in a resurgent coronavirus outbreak.

Spain, Italy, the U.K., Greece and Portugal reported record numbers of new cases on Wednesday. In the U.S., the S&P 500 Index plunged the most in four months as tougher restrictions and rising infections added to concerns about the virus’s economic toll.