Dow drops 700 points as virus cases surge, IMF cuts global outlook
Published
Stocks fell Wednesday on worries over the prospects of a quick economic recovery after the IMF projected the global recession will be worse than initially expected.
Published
Stocks fell Wednesday on worries over the prospects of a quick economic recovery after the IMF projected the global recession will be worse than initially expected.
**
· *US stocks rose on Tuesday as better-than-expected economic data outweighed mounting concerns about surging..
Recently, the IMF downgraded most growth projections, due to weaker private consumption and elevated uncertainty in investment...