Wall Street falls and Treasury yields drop as risk appetite wanes
The prospect of more stringent lockdowns and slower rollout of possible vaccine triggers broad sell-off
12 November 2020 - 22:58
New York — Wall Street sank and US Treasury yields edged lower on Thursday as euphoria over a potential Covid-19 vaccine faded in the face of spiking infections and threat of a new round of economic restrictions to contain the pandemic.
The sell-off was broad, with economically sensitive cyclical stocks, which rallied on Monday and Tuesday, suffering the deepest losses...
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