S&P 500 falls 3% on new virus wave fears, Fed's cautious outlook

S&P 500 falls 3% on new virus wave fears, Fed's cautious outlook

Reuters

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U.S. stocks extended losses on Thursday, with the S&P 500 on track for its sharpest percentage decline since April 1, as investors worried about a second wave of coronavirus infections and a grim economic forecast from the Federal Reserve.

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