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Virus Upturn Keeps S&P Pointed Down

Oct 28, 2020 - The New York Times

Wall Street's losses mounted for the second straight day on Tuesday as momentum slowed on worries about rising coronavirus cases and Washington's inability to deliver more aid to the economy.

The S&P 500 fell 0.3 percent after spending much of the day swinging between small gains and losses. Most of the stocks in the index fell, particularly banks, oil producers and other companies whose profits tend to track the strength of the economy. Those losses outweighed gains in technology stocks a...