Global stocks slide as investors weigh downbeat Fed minutes and surging coronavirus cases in Germany

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  • Global stocks fell on Thursday as investors weighed the Fed's cautious stance on further stimulus, and Germany posted a record increase in new coronavirus infections. 
  • Investors had expected the latest Fed meeting to "open the door to the next phase in central-bank jigger-pokery," Rabobank analysts said.
  • Federal Open Market Committee members confirmed that new stimulus measures were "not warranted in the current environment," dashing investor hopes.
  • Germany added over 1,500 new cases of the coronavirus in 24 hours, the biggest single day increase since April.
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Global stocks fell on Thursday after the Federal Reserve dashed any hopes of further stimulus measures in a cautionary set of FOMC minutes released Wednesday

In Europe, markets were pushed further down after Germany posted over 1,500 new cases within 24 hours — its highest daily increase since the end of April. The current case count in Europe's largest economy stands at 229,807.

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