World Stocks Off to a Cautious Start; Euro Struggles

World Stocks Off to a Cautious Start; Euro Struggles
A woman walks by an electronic stock board of a securities firm in Tokyo, Japan on Nov. 22, 2021. Koji Sasahara/AP Photo
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LONDON—World stocks kicked off the week on a cautious note on Monday after posting a second consecutive weekly drop, and the euro struggled as traders weighed the risks of European lockdown restrictions and prospects of a faster Federal Reserve taper.

Though Wall Street futures held comfortably in positive territory in early London trading, major European indexes opened in the red as markets seem to have suddenly woken up to COVID-19 risks.