US stocks to end year around current levels as virus takes toll: Reuters poll

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U.S. stocks will end this year around current levels as the coronavirus pandemic cripples the economy and eats into earnings, according to ...

U.S. stocks will end this year around current levels as the coronavirus pandemic cripples the economy and eats into earnings, according to strategists polled by Reuters.

Many strategists believe a return to the March lows is unlikely because of the substantial stimulus from the U.S. government and Federal Reserve, but they said there were still plenty of risks to derail the market. The market's outlook will also depend on the progress in producing a vaccine against the new coronavirus.

 

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