Stock Market Drops 6%, Rally Not Sustainable As Coronavirus Cases Rise

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Stocks fell at the open Wednesday dashing hopes of a sustained rally following a welcome uptick the day before. Despite a range of economic measures for well over $1 trillion proposed Tuesday by th…

Stocks fell at the open Wednesday dashing hopes of a sustained rally following a welcome uptick the day before.

At opening, the index fell 6% or about 1,200 points as momentary optimism was crushed by the relentless march of the virus across the country and the world.

 

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