Stocks slide lower on Wall Street as coronavirus cases surge

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MARKETS: Stocks are moving lower on Wall Street amid surge in new coronavirus cases in the U.S.

The Associated Press

Cruise lines, which would stand to suffer greatly if travel restrictions are extended, were among the biggest losers in early trading. Norwegian Cruise Line, Carnival and Royal Caribbean Cruises were each down more than 9%. But the recent surge in new infections is undercutting some of that optimism. New coronavirus cases in the U.S. have surged to their highest level in two months after trending down for more than six weeks. While early hot spots like New York and New Jersey have seen cases steadily decrease, the virus has been hitting the south and west. Several states on Tuesday set single-day records, including Arizona, California, Mississippi, Nevada and Texas.

Prakash Sapal, senior economist for ING, said the focus is slowly shifting back to the COVID-19 pandemic from optimism about a rebound from loosening lockdown restrictions.

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The truth is, they make up reasons they believe the market goes up or down on a daily basis. Tomorrow it'll be up and they'll say something like 'based upon future positive growth speculation' the markets are heading up in a big way. They are full of crap making up why...

I wish you people would stop this love shit with the stock market. It means nothing to 90% of the public... We get no benefit from this crap.

The markets are being manipulated as much as possible by the Trump administration. However, with the continued rise of Coronavirus cases the numbers will not hold. The chickens will have finally come home to roost under the abysmal presidency of realDonaldtrump

Close the Southern border...🤯

WadaJP またドル円101の世界が来ると良いのですが。

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