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S&P 500, Nasdaq retreat as pandemic damage mounts

The S&P 500 and Nasdaq erased early gains on Tuesday as a plunge in consumer confidence underlined the extent of the economic damage from the coronavirus pandemic, while healthcare stocks slumped after a sales warning from Merck. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: damage, pandemic, Nasdaq, Merck, warning, sales, slumped, stocks, healthcare, while, coronavirus, economic, extent, underlined, confidence, consumer, plunge, gains, early, erased, mounts, retreat

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/OEnDv7G9c-w/sp-500-nasdaq-retreat-as-pandemic-damage-mounts-idUSKCN22A1I6