Stocks open lower on Wall Street as investors turn jittery

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Stocks are opening sharply lower on Wall Street as investors turn jittery again in the face of rising numbers of coronavirus infections in many U.S. states and countries.

A currency trader walks by a screen showing the Korea Composite Stock Price Index at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 11, 2020. Asian shares were mostly lower Thursday, with Tokyo dropping more than 1% as the Japanese yen gained after the Federal Reserve said it would keep interest rates low through 2022.

Globally, India reported a record number of nearly 10,000 new coronavirus cases over the past 24 hours with health services in the worst-hit cities of Mumbai, New Delhi and Chennai becoming swamped by the rising infections. In Europe, France’s CAC 40 was 2.6% lower at 4,923 and Germany’s DAX dropped 2.6% to 12,203. Britain’s FTSE 100 fell 2.4% to 6,179.

The outlook for a recovery from the worst downturn in decades is uncertain as states and countries push ahead with reopenings from pandemic shutdowns.Brazil, Mexico, South Africa, India and Pakistan are among countries easing tight restrictions before their first outbreaks have peaked and before establishing detailed surveillance and testing systems to keep the virus under control.

 

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Increased Testing...

Attn GovRonDeSantis

QUICK! BrianKarem Check which trump staffers are dumping stocks- or buying.

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Wall Street 2021 oil price outlook, energy stocks to buy now - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. That was a Russian plot to help trump get enrichment, I believe... They manipulated the the markets. Trump had some shell company make the trades. Now look, oil prices are coming back up as if by magic. diegocervantesb interesante no?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks open lower on Wall Street as investors turn jitteryStocks are opening sharply lower on Wall Street as investors turn jittery once again in the face of rising numbers of coronavirus infections in many U.S. states and countries And the clowns at ABC cheer. Has no masks caused protest and riots by the “left wing” of the Democrat Party? How is this shocking news to anyone? Virus isn’t going anywhere. Until we get the virus under control (like NZ) the economy won’t recover. Success in managing Covid is inextricably linked to the success of US economic recovery. Powell said that & it’s just plain common sense.
Source: ABC - 🏆 471. / 51 Read more »