US stocks decline as COVID-19 shutdown concerns persist - Business Insider

US stocks fell on Thursday as concerns about another round of COVID-19-related lockdowns was heightened after the New Yor City school system transitioned to remote learning.

A rise in daily COVID-19 cases led to an infection rate of more than 3% in New York City, which spurred Mayor Bill DeBlasio to shut down physical learning at schools on Wednesday. On the economic data front, 742,000 more Americans filed for unemployment last week, more than experts had forecast. US stocks declined on Thursday as investor concerns about another round of COVID-19 related lockdowns remained heightened following New York City's decision to transition its school system to remote learning on Wednesday.

A continued rise in daily COVID-19 cases led to a seven-day average infection rate of more than 3%, which was the threshold set by NYC Mayor Bill DeBlasio to close physical learning at schools. Investors also weighed discouraging news on the economic data front as 742,000 more Americans filed for unemployment last week, more than experts had forecast.

For how long will the US take it up in the ass from Xitler? Chinazi is EVIL! Xitler always behaves BADLY! Xi MUST GO! It's time to go on the offensive. realDonaldTrump SecPompeo StateDept DeptofDefense EsperDoD USTradeRep PeterNavarro45 NikkiHaley WhiteHouse MAGA

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.

WATCH: NY business owners demand warrant when health inspector barges inside over Cuomo COVID restrictionA group of New York business owners on Friday could be seen having a tense confrontation with sheriff’s deputies and a county health inspector over Gov. Andrew Cuomo’s coronavirus restrictions, in a viral video that made the rounds online over the weekend.
Source: FoxNews - 🏆 9. / 87 Read more »

GPS data shows Trump supporters made it deep inside US Capitol - Business InsiderGPS data tracked 618 videos from Parler users inside the US Capitol last week. The mob made it deep inside the building. Well no kidding... That's what happens when the authorities welcome them in, and then directs them to the House Floor. OH! And lets not forget about the selfies the cops took with 'protesters' either.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside one of the biggest US bank deals since the financial crisis - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Photos show the destruction inside of the US Capitol Building - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Attempted coup? You mean that band of idiots taking selfies wanted to take over the government?
Source: BusinessInsider - 🏆 729. / 51 Read more »

What it's like inside a Venezuela hospital with no running water or medicine - Business InsiderWe went inside a public hospital in Venezuela where there's no running water and cancer patients have to provide their own medicine US Sanctions do that! StopTheCruelty
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside the NCAA's rules for student-athletes monetizing their brand - Business InsiderNCAA student-athletes are months away from being able to profit off their brand. Here are all the ways businesses, agents, and advertisers can — and can't — work with them. thank you very much for your work
Source: BusinessInsider - 🏆 729. / 51 Read more »