Stocks open lower on Wall Street following more dire data

A man walks by an electronic stock board of a securities firm in Tokyo, Thursday, June 25, 2020. Shares declined in Asia on Thursday after a sharp retreat overnight on Wall Street as new coronavirus cases in the U.S. climbed to their highest level in two months, dimming investors' hopes for a relatively quick economic turnaround.

A rise in new infections is stoking worries that reopenings of businesses closed earlier to fight the pandemic may have to be curtailed, despite indications that economies are recovering from lockdowns that are being eased in the U.S. and other countries. Tokyo’s Nikkei 225 slipped 1.2% to 22,259.79 and the Kospi in Seoul lost 2.3% to 2,112.37. India’s Sensex lost 0.8% to 34,591.33.

The market had been mostly in rally mode since April as investors focused on the prospects for an economic turnaround as broad areas of the economy reopened. But the recent surge in new infections has undercut that optimism.

Now what, Donnie? Better make up a truthful lie asap!

Praise Trump

222...

Thanks to President no-masks-less-testing, more lockdowns May be on the horizon smh

Oh but let’s open everything up. Because the economy!! 🤦‍♀️

As long as they are getting an extra $600 a week, they will stay unemployed! They are making far more NOT working! When that runs out, they will go back to work.

It makes sense since the American economy was jump started by slave labor. Now that the descendants of slaves still see no justice, the hit that this economy has experienced is justified.

DBChirpy Had Trump knowing in Nov 2019 Tested & Quarantined the few in Jan, a shutdown would not have occurred. Trump committed homicidal job & Covid negligence. It’s now turned into Genocide ReutersUS abc cbs nbc cnn foxnewsradio wsj

Learn from NYC & NJ. Daily New cases from Apr 1, 11750 to June 24, 1234, Down -90%. Texas, California, Florida, Arizona, Daily New cases from Apr 1, 2191 to June 24, 18752, UP +750%. A tenfold decrease vs a tenfold increase. What don't we get? Left vs Right?

Stock Market doesn't represent the economy. Small businesses do

Government incompetence. This recession is on trump and the GOP! FailureInChief RIPCONservatism

Yeah but we totally owned the libs so...

The numbers are rigged!! Michigan is testing every week instead of 2 to raise the numbers!!! Get a clue people!! This is all a farce!!!

This is the time for all countries to put people above money.

Just a reminder that when the GOPTaxScam passed, the GOP told us we would have at least 3% economic growth. If it was repealed, we'd have more than enough for another stimulus pkg. bailouthumans

Awesome job realDonaldTrump 🤡🙄🤡🙄

winning TrumpVirus iTs oNly a HoAx

And it’s only going to get worse because we botched the initial response and opened too soon. Wave 2 is gonna be worse.

Please Covid cases ? How the death Count ? Down I hear as new approved meds are effective and the virus is weak! How about you interview the Infectious disease doc on how the protest spike never happened!!!!!

It rise up, again!

'Numerous Seattle businesses, workers and residents sued the city Wednesday, alleging city officials were complicit in allowing an “occupied protest” How's the 'Summer of love' working out for you mayor idiot?

But Moscow Mitch believes the Senate should wait until the middle of July to pass any further stimulus packages. While our friends in Canada have been taken care of, monthly, since the beginning of the outbreak. The GOPs narrative of reliance on gov assistance is toxic.

the virus is the culpret not the lock downs 👍🏾

But we built 1 mile of wall. That has to mean something.

Trump vowed to make Mexico pay for it.

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