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

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