Stocks open lower on Wall Street as investors turn jittery

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NEW: Global stock markets tumble after the Federal Reserve signaled a long path to recovery from the coronavirus pandemic.

The Associated Press

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.

 

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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.

Has no masks caused protest and riots by the “left wing” of the Democrat Party?

And the clowns at ABC cheer.

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