Reuters
US stocks fell on Friday as investors continued to watch spiking coronavirus cases threaten economic-reopening efforts nationwide.
Investors have been closely watching as …
Reuters
US stocks fell on Friday as investors continued to watch spiking coronavirus cases threaten economic-reopening efforts nationwide.
Investors have been closely watching as surges in new coronavirus cases throw off some states’ reopening progress. Texas and Florida have recently paused plans.
On Friday, governors in both states rolled back some of their reopenings by ordering bars closed. Texas Gov. Greg Abbott also placed new restrictions on some other businesses to curb the spread of COVID-19.
Here’s where US indexes stood at the 4 p.m. ET market close on Friday:
Read more:The chief strategist of $2.5 trillion State Street recommends 7 ETFs for investors looking to profit from a permanently altered post-coronavirus landscape
Bank stocks led losses after the Federal Reserve on Thursday said it would limit stock buybacks and cap dividends.
