Dow drops more than 400 points as Wall Street adds to last week’s sharp losses, airlines fall
June 15, 2020
Stocks rebound as markets swing on coronavirus fears
June 16, 2020Peter Cardillo, an economics and market expert working in Wall Street talks about the future of the global market as it faces the COVID-19 threat. As per Cardillo, the rising number of cases is a cause of fear and worry, impacting the customer base of many industries. Talking specifically about the future of US markets, Cardillo says the COVID impact will differ according to economic activities resuming in several states. Oil prices have also been hit globally due to weak demand amid the lockdown. Further adding, that the market should fear a second wave of the virus, adding damage across the world.
