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 A third factor has been a steady stream of announcements by major companies that have withdrawn their profit forecasts due to the unknown timeframe for ending lockdowns."It's a manifestation of the reminder that we've got a tsunami of bad news in front of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.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: