U.S. Stocks Open Lower as Fed Outlook Rattles Investors

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U.S. stocks fell, pointing to a steepening rout in the S&P 500 as investors became unsettled by the Fed’s dour outlook as well as conflicting signals about when vaccines may become available

U.S. stocks fell Thursday, pointing to a steepening rout in the S&P 500 as investors became unsettled by the Federal Reserve’s dour outlook as well as conflicting signals about when vaccines may become available.

The S&P 500 dropped 1.6%, suggesting that the benchmark may fall for a second day. The Nasdaq Composite fell around 2.2%, pushing the tech-heavy index further into negative territory for the month. The Dow Jones Industrial Average, which rose yesterday, dropped 1.1%, or 317 points, in early trading.

 

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There weren’t “conflicting signals” experts spoke the truth and Trump lied for selfish political reasons.

Until people wear Mask,we’re never going to recover financially.

Welfare Queen James Athey, senior investment manager at Aberdeen Standard Investments. “Not taking away is no longer sufficient for this market. You need to do more, more, more.”

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