Village News - Also serving the communities of De Luz, Rainbow, Camp Pendleton, Pala and Pauma

Stocks sink as virus cases jump, forcing states to backtrack

 

Last updated 6/26/2020 at 4:35pm



ALEX VEIGA and DAMIAN J. TROISE

AP Business Writers

Stocks on Wall Street fell sharply Friday as confirmed new coronavirus infections in the U.S. hit an all-time high, prompting Texas and Florida to reverse course on the reopening of businesses.

The combination injected new jitters into a market that's been mostly riding high since April on hopes that the economy will recover from a deep recession as businesses open doors and Americans begin to feel more confident that they can leave their homes again.

The S&P 500 dropped 2.4%, giving up all of its gains after a rally the day before. The se...



For access to this article please sign in or subscribe.



 

Reader Comments
(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020

Rendered 10/01/2020 03:50