Worries about the downside of reopening the economy too soon are weighing on markets, and Wall Street fell Tuesday to its biggest loss since the start of the month. The S&P 500 dropped 2.1% after spending much of the day drifting between small gains and losses, as investors debate whether the lifting of lockdowns across U.S. states and the world will drive an economic rebound or just more coronavirus infections. The concerns were summed up in straightforward testimony from the top U.S. infectious diseases expert. Dr. Anthony Fauci told Congress that if the country reopens too soon, it could not only cause “some suffering and death that could be avoided but could even set you back on the...
Full ArticleWall Street drops after worries over reopening the county lead to late slide
WorldNews
0 shares
1 views
You might like
Related news coverage
Disney Proposes Opening Orlando Theme Parks July 11
The Wrap
Walt Disney Co. on Wednesday proposed opening its Disney World park in Orlando in a phased approach beginning July..
-
The Evolution Of East African Salafi-Jihadism – Analysis
Eurasia Review
-
8@eight: ASX set to slide after late Wall Street fall
Brisbane Times
-
Wall Street stumbles late with China tensions rising
Brisbane Times
-
Wall Street up as recovery hopes overshadow virus worries
SeattlePI.com
Advertisement
More coverage
US STOCKS-Wall Street slips on rising U.S.-China tensions, recovery worries
WorldNews
(For a live blog on the U.S. stock market, click or type LIVE/ in a news window) * TJX jumps on strong sales post lockdown * Tech..
-
How major US stock indexes fared Tuesday
Seattle Times
-
We Don’t Have To Choose Between Health And Economy – OpEd
Eurasia Review