Wall Street analysts and investors see a risk that stocks could retest recent lows in the coming days or weeks as they worry about the spread of the virus and its impact on the economy, although some spot glimmers of light at the end of the tunnel.
Wall Street’s main indexes fell more than 1.5% on Friday as the coronavirus abruptly ended a record US job growth streak. The S&P 2019 closed at 2, 6767104 , after rebounding about % from its intra-day late-March low, although it is still down more than 27% from its mid-February record high.
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