NEW YORK: Wall Street stocks tumbled for a second straight session on Tuesday as worries about chaos in the oil market overshadowed progress in Washington on additional relief for small businesses.Advertisement
A day after its historic slide into negative territory amid a supply glut, US oil futures finished in positive territory. But the market remained under heavy pressure due to a supply glut as petroleum demand sinks due to coronavirus shutdowns. A third factor has been a steady stream of announcements by major companies that have withdrawn their profit forecasts due to the unknown timeframe for ending lockdowns."It's a manifestation of the reminder that we've got a tsunami of bad news in front of us," Hogan said.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: