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Canadian Stocks Firmly In Negative Territory Despite Paring Some Losses

May 14, 2020 - Nasdaq

(RTTNews) - The Canadian stock market was languishing in negative territory a little past noon, after having opened on a weak note amid rising worries about a potential second-wave of coronavirus infection and a likely prolonged economic downturn. The Federal Reserve Chairman Jerome Powell's comments about the economy plunging into a deep recession, the World Health Organization (WHO)'s statement about COVID-19 and the Organization for Economic Cooperation and Development (OECD)'s warning about...