The Wall Street sign is pictured at the New York Stock exchange in the Manhattan borough of New York City, New York, US, March 9, 2020. — Reuters pic
About 20 minutes into trading, the tech-rich Nasdaq Composite Index, which has risen the last six sessions, fell 0.3 per cent to 9,169.14. Google parent Alphabet and Microsoft both fell. After a bruising March as major parts of the US economy shuttered to combat the coronavirus, stocks have risen steadily in anticipation of the relaunching of the economy and the boost from unprecedented US stimulus.
Top infectious diseases expert Anthony Fauci is expected to caution at a hearing in Congress that hasty moves to reopen the economy will lead to “needless suffering and death.”
Source: News Formal (newsformal.com)
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