https://www.forex-news.com/
Forex-News has been the world leading economy news website since 2005. It has been a joyful path full of changing variables in this changing world. During the last three years we have also covered some of the most important news regarding Bitcoin and other cryptocurrencies. Wherever the news are, we are there.
Bitcoin
$13,150.78
-506.57
Ethereum
$385.92
-24.03
Litecoin
$56.01
-2.83
DigitalCash
$67.79
-3.92
Monero
$127.57
-9.12
Nxt
$0.01
-0
Ethereum Classic
$5.50
-0.16
Dogecoin
$0.00
-0

U.S. markets snap 3-day winning streak amid renewed COVID-19 concerns

5



Sept. 29 (UPI) — U.S. markets fell for the first time in three sessions on Tuesday amid increased concern among investors over the spread of the COVID-19 pandemic.

The Dow Jones Industrial Average fell 116.1 points, or 0.42%, while the S&P 500 dropped 0.48% and the Nasdaq Composite closed the day down 0.29% as stocks that would benefit from lifting restrictions related to the pandemic suffered.

Airline stocks led the decline as JetBlue fell 4.44%, American dropped 4%, United declined 3.98% and Southwest slid 1.65%.

The United States added 33,000 COVID-19 cases and about 300 deaths on Monday, according to data from Johns Hopkins University on Tuesday.

Overall the United States has reported 7.15 million cases and 205,200 deaths since the start of the pandemic.

Stocks hit their lows after New York City Mayor Bill DeBlasio said the city’s daily positive rate for COVID-19 tests rose above 3% for the first time in months as schools reopened Tuesday.

Markets also braced for potential fallout from the first presidential debate between President Donald Trump and former Vice President Joe Biden on Tuesday.

“Everyone knows what they’re going to get with Trump, for better or worse,” Peter Boockvar, chief investment officer at Bleakley Advisory Group, told CNBC. “The question then is what will Biden deliver. If Biden doesn’t kick any balls in his own net then the market will take that as a win for him.”

Markets had rallied in recent days after a tumultuous September as the Dow climbed 410 points to start the week on Monday.

Sign up for our daily Top News Newsletter

.



Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More