U.S. Stocks Head Lower Following Their Biggest Week Since 1974
By Associated Press Apr 13, 2020 By Alex Veiga and Damian J. Troise Stocks headed lower on Wall Street in early afternoon trading Monday as investors braced for a sobering first look this week at how the coronavirus pandemic has hurt company earnings. The pullback followed news over the weekend that OPEC, Russia and other oil producing nations have agreed to cut output in a bid to stem a slide in crude prices following a collapse in demand due to the outbreak. The S&P 500 was down 1.8% as of 2:
By Associated Press Apr 13, 2020 By Alex Veiga and Damian J. Troise Stocks headed lower on Wall Street in early afternoon trading Monday as investors braced for a sobering first look this week at how the coronavirus pandemic has hurt company earnings. The pullback followed news over the weekend that OPEC, Russia and other oil producing nations have agreed to cut output in a bid to stem a slide in crude prices following a collapse in demand due to the outbreak. The S&P 500 was down 1.8% as of 2:
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