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In reply to the discussion: So what happened with the DOW today −457.21 [View all]elleng
(131,277 posts)S&P 500
-2.05%
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Stocks on Wall Street drop with sell-off that picked up near end of trading.
U.S. stocks fell on Tuesday as reports from China, South Korea and the United States offered sobering reminders to investors of how long and difficult the coronavirus recovery is likely to be. . .
The decline on Wall Street picked up steam as the day progressed, with shares making a move lower after Senator Lindsey Graham, Republican of South Carolina, proposed legislation that would authorize sanctions on China unless it provided a full accounting of the events leading up to the outbreak of the coronavirus.
Though investors have been able to shrug off a number of risks to the economy lately, rising tensions with China have spooked investors who are worried about a trade conflict between the worlds two largest economies.
https://www.nytimes.com/2020/05/12/business/stock-market-live-coronavirus.html?