Stocks open lower on Wall Street as coronavirus cases surge

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Stocks open lower on Wall Street as investors see new coronavirus cases in the U.S. surge to their highest level in two months.

A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, June 24, 2020. Asian shares were mostly higher on Wednesday with another mood boost from Wall Street, but fears persist over the surge in coronavirus cases in parts of the world.

Wall Street is expected to slip on the open, with Dow futures down 0.8% and S%P 500 futures trading 0.7% lower. In Europe, France’s CAC 40 slid 1.6% to 4,935, while Germany’s DAX dropped 2% to 12,276. Britain’s FTSE 100 was down 2.2% at 6,182. “The recent acceleration in infections has rekindled concern that governments will be forced to shut down their economies once again, squandering the chance for the much-hoped-for economic bounce back,” he said in a report.

New coronavirus cases in the U.S. have surged to their highest level in two months and are now back to where they were at the height of the outbreak.

 

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Is it really hard for people to understand the difference in cases,hospitalizations a fatality’s? It’s 2020 so I guess facts don’t matter just emotions. Seriously people have lost their mind 🤕

Most new cases are benign, no symptoms. Which would be normal with any other flu also. Numbers are being used to present a false perception and the evil media is pushing a lie. DemocratsAreDestroyingAmerica even governors like .GovAbbott are perpetuating it. Disappointed.

These statistics are a stark reminder that while the public may be fed up and finished with covid-19, the virus is far from finished with us.

Simple facts are the Trump presidency total failure, 2, 4 million Americans infected accross country with COVID19 and 145 thousand died already. Poverty on rise now 140 million poor Americans and 700 dying daily no medical cover. America is heading for revolution of poor.

Fuck stocks 🤷🏾‍♂️ people was hurting and the markets was on a up Swing

Didn't seem to bother them last week

Same headline a few days ago, before there was a pop A good time to BUY

Hmmm, what will Trump tweet today to rectify this?

The sheeple are about to learn a hard lesson in economics. The illusionary credit system is toast.

Who cares? The rich are realizing that they won’t be able to exploit people at full strength? Great.

Fake Cases. The flu 🤧 is now called Coronavirus.

Who saw this coming? Oh yeah: everyone. Everyone saw this coming.

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