U.S. Stocks Drop as Investors Grow Cautious About Reopening
Posted on AllSides July 9th, 2020
From The Center
The S&P 500 dropped Thursday as investors continued to back away from bets on a smooth reopening from the coronavirus shutdowns.
Fresh data showed that initial unemployment claims in the U.S. remain elevated, and the number of confirmed new Covid-19 cases in the U.S. hit a new single-day high Wednesday.
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