Stocks fell this morning, ending the market’s biggest 3-day rally since 1931, amid news that the $2 trillion coronavirus stimulus bill could fail to pass in the House before this weekend—adding more uncertainty for Wall Street investors by skleb1234
The number of global cases of coronavirus has risen to more than 542,700, according to data from Johns Hopkins University. As of Friday, the U.S. now hasStocks are “taking a breather
following three days of explosive gains” and “there’s no ‘reason’ for this pullback other than mild profit taking,” says Adam Crisafulli, founder of Vital Knowledge. “The biggest headline in the last 12 hours was probably the Fed’s weekly purchase update, showing its balance sheet has hit a fresh record of >$5T, demonstrating how aggressively the central bank is executing on its liquidity commitments.” Stocks like Clorox, Procter & Gamble and the Colgate-Palmolive Co.
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