Despite the mediocre data and broad expectations that unemployment will remain at high levels for some time as the US struggles to contain the coronavirus, the S&P 500 and Nasdaq stand near all-time highs.
"However, a further deterioration in the health situation or the absence of additional fiscal support are two key downside risks that are likely not fully discounted."
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.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: The Straits Times - 🏆 8. / 63 Read more »