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European Stocks Close Sharply Lower For 2nd Straight Day

May 14, 2020 - Nasdaq

(RTTNews) - European stocks declined sharply for a second successive day, as rising concerns about the economic impact of the coronavirus pandemic triggered a sell-off across several sectors on Thursday. The U.S. 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 the various relief measures returning ...