Dow dives 457 points as Fauci cautions against reopening the economy too early - Business Insider

US stocks declined on Tuesday, erasing gains from earlier in the day, after Dr. Anthony Fauci cautioned against reopening the US economy too soon.

Fauci, the US's leading infectious-disease specialist and a key member of the White House's coronavirus task force, made his comments during a Senate testimony.about an early reopening. "I feel if that occurs, there is a real risk that you will trigger an outbreak that you might not be able to control."

He added: "In fact, paradoxically it will set you back — not only leading to some suffering and death that could be avoided but it could even set you back on the road on trying to get economic recovery."

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dr. Fauci to warn Senate on danger of opening US prematurely: NYT - Business Insider'This will not only result in needless suffering and death but would actually set us back on our quest to return to normal,' Fauci wrote in the email. Needless suffering and death is what’s happening in Venezuela after they completely ruined what was once one of the strongest economies in the world. The economic effects will kill for decades, while the virus won’t. Fauci has lost all credibility. ObamaGate Truth telling = job insecurity on realDonaldTrump’s team. “We don’t need no stinkin’ honesty”...
Source: BusinessInsider - 🏆 729. / 51 Read more »