Stocks move lower on Wall Street as coronavirus cases surge

  • 📰 latimes
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 82%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Stocks moved broadly lower on Wall Street in early trading Wednesday as investors turned cautious after new coronavirus cases in the U.S. climbed to the highest level in two months.

New coronavirus cases in the U.S. have surged to their highest level in two months and are now back to where they were at the height of the outbreak.But the latest data on the outbreak is undercutting some of that optimism. New coronavirus cases in the U.S. have surged to their highest level in two months and are now back to where they were at the height of the outbreak.Worldwide, more than 9.

Analysts are warning that, despite recent market rallies, there is little reassurance infections won’t keep spreading, given the growing numbers in some parts of the U.S., Brazil and Asia. Major stock indexes in Europe also fell broadly. Germany’s DAX dropped 2.2%, while France’s CAC 40 slid 2%. Britain’s FTSE 100 was down 2.3%. Markets in Asia closed mostly higher.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks open lower on Wall Street as coronavirus cases surgeStocks are opening lower on Wall Street as investors are discouraged to see a surge in new coronavirus cases in the U.S. to their highest level in two months. The S&P 500 fell 0.6% in early... Who saw this coming? Oh yeah: everyone. Everyone saw this coming. The sheeple are about to learn a hard lesson in economics. The illusionary credit system is toast.
Source: AP - 🏆 728. / 51 Read more »

Stocks slide lower on Wall Street as coronavirus cases surgeStocks are moving sharply lower on Wall Street after new coronavirus cases in the U.S. hit their highest level in two months Close the Southern border...🤯 WadaJP またドル円101の世界が来ると良いのですが。 The markets are being manipulated as much as possible by the Trump administration. However, with the continued rise of Coronavirus cases the numbers will not hold. The chickens will have finally come home to roost under the abysmal presidency of realDonaldtrump
Source: ABC - 🏆 471. / 51 Read more »

Wall Street ends higher with boost from technology stocksWall Street's three major indexes closed higher on Monday with the biggest gains in technology stocks as investors focused on the potential for more government stimulus measures even as they worried about an increase in coronavirus cases in the United States and other countries. Means nothing to 50% of Americans who live pay check to pay check.. WINNING !!! SAY IT !!! Until the Trump shit show announced the US China trade deal was dead and returned later to say it wasn’t.
Source: Reuters - 🏆 2. / 97 Read more »

Asian stocks set to track upbeat Wall Street despite rising infectionsAsian stocks were set to edge up on Tuesday after oil prices rose and technology firms pushed Wall Street higher, although investors remained worried about fresh coronavirus outbreaks across the globe. Decent timing on story
Source: Reuters - 🏆 2. / 97 Read more »

Stocks open higher on Wall Street following gains overseasStocks are opening higher on Wall Street on Tuesday after gains in Europe, where markets rose on some encouraging economic data. Add this to the beginning of your headline: 'Much to our disappointment here at the LA Times. . .' Trump keeps winning. 👍🇺🇸 More Americans out of work than even during The Great Depression, and the stock market keeps breaking records while the legitimately stupid keep claiming realDonaldTrump is 'winning.' The only thing higher than the stock market are the levels of idiocy from the MAGA cultists.
Source: latimes - 🏆 11. / 82 Read more »

Stocks Pullback, Virus Cases Spiking, Dell & VMware by Squawk on the StreetSquawkStreet It's surprised the healthcare sector doesn't do that well either. Maybe 2.2M people in/out hosp. won't buy pharm stocks 'cause med doesn't meet their expectation.
Source: CNBC - 🏆 12. / 72 Read more »