Wall Street slides again on more worries about recession

  • By cvbizz
  • May 13, 2020
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via wyff.com

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Stocks fell for the second day in a row on Wall Street Wednesday, weighed down by worries about a slow recovery for the economy. The weakeness came after Federal Reserve Chair Jerome Powell warned about the threat of a prolonged recession because of the shutdowns related to the coronavirus pandemic.The S&P 500 lost 1.7%. The sharpest losses hit stocks that most need a healthy economy

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