Stocks slumped again on Wall Street Tuesday, piling on losses a day after the market’s biggest drop in two years as fears spread that the growing virus outbreak will put the brakes on the global economy. Nervous investors snapped up low-risk U.S. government bonds, sending the yield on the 10-year Treasury note to a record low. The benchmark S&P 500 has lost 7.6% over the last four days, its worst such stretch since the end of 2018.
Comment on Stocks sink, bonds soar on virus fears
The Associated Press, Northwest Herald
Tue, 02/25/2020 - 9:46pm
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