Wall Street tumbles to seven-week low on virus fears, stimulus fog
Posted on AllSides September 21st, 2020
From The Center
Wall Street’s main indexes tumbled to their lowest in nearly seven weeks on Monday, with the Dow shedding as much as 900 points, as worries about fresh coronavirus-driven lockdowns spilled over from Europe.
The CBOE Market Volatility index .VIX, a measure of investor anxiety, shot up to its highest level in nearly two weeks amid uncertainty caused by the death of U.S. Supreme Court Justice Ruth Bader Ginsburg.
Analysts said the chances of another fiscal stimulus package from Congress to help lift the domestic economy from a recession had become...