U.S. stock market indices plunged on Monday amid a resurgence in coronavirus cases, causing America’s ten richest people to shed billions of dollars from their fortunes. A surge in coronavirus cases—both domestically and globally—weighed on market sentiment just eight days before the November presidential election.The United States saw a record suge in average daily coronavirus infections over the weekend, surpassing a previous record set in July, according to data from Johns Hopkins University. Adding to market uncertainty are the stalled negotiations in Washington for another fiscal stimulus bill. Investors … (full story)
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