US stocks declined on Tuesday, erasing gains from earlier in the day, after Dr. Anthony Fauci cautioned against reopening the US economy too soon.
Fauci, the US's leading infectious-disease specialist and a key member of the White House's coronavirus task force, made his comments during a Senate testimony.about an early reopening. "I feel if that occurs, there is a real risk that you will trigger an outbreak that you might not be able to control."
He added: "In fact, paradoxically it will set you back — not only leading to some suffering and death that could be avoided but it could even set you back on the road on trying to get economic recovery."
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