Fear of coronavirus second wave stalks stock markets
May 13, 2020Tesla, county reach deal to allow automaker to reopen U.S. plant next week
May 13, 2020Equities slide, bonds rise, on Fed warning of prolonged recession
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Stock markets slid on Wednesday as fears about a second wave of coronavirus infections and as warnings from Federal Reserve Chairman Jerome Powell that the U.S. faces a “significantly worse” recession than any since World War II weighed on investor sentiment and boosted safe-haven bonds.
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