US stocks tumbled on Wednesday as surging COVID-19 cases prompted a new wave of lockdowns overseas.
A 40% surge in COVID-19 related deaths in Europe over the past week spurred Germany and France to prepare new restrictions on movement within the country. New restrictions in Europe could amount to a shutdown of bars and restaurants while schools and nurseries remain open.US stocks continued their decline on Wednesday as better than expected earnings were no match for a continued surge in COVID-19 cases.
A new wave of potential lockdowns overseas are being considered following a 40% surge in COVID-19 related deaths in Europe over the past week. on the movement of people, though the potential shutdowns might not be as strict as they were earlier in the year. A shutdown of bars and restaurants are likely, while schools, nurseries, and other businesses could remain open. Investor concerns of the US experiencing a new wave of lockdown restrictions is likely rising after the country experienced record COVID-19 cases over the weekend.
The Dow is plummeting due to a potential Biden presidency. Cases may be going up....but the death rate is not going at same pace. People are recovering. Biden will shut down the economy. It’s not hard to see the picture developing. Quit using Covid as the reason.
hblodget WeNeedBidenNow
Really check..! Oct is often the time for market crashes I wonder if reality will finally come to this one
good
OMG what about my 401K Donald make this stop Say all the GOP
Here we go again... *sigh*
So much winning!! VoteHimOut
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