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Stock impact report

Trump's big show of opening the economy will hide the real story [CNN]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: CNN
Trump's big show of opening the economy will hide the real story Even with epicenters of the virus still suffering hundreds of deaths daily , Trump says it's time to show that America is the "comeback kid" ready to unleash a miracle economic rebirth . The President plans to release new guidelines that tell states they can lift stay-at-home orders and ease social distancing at the discretion of their governors even before a May 1 deadline. This ought to be a major and unifying marker in the fight against the disease that has now killed more than 30,000 Americans and has clamped economic blight on the nation. But with many states only just at or past their peaks in the fight against the pathogen, and others still short of theirs, Trump's move risks coming across as a major distraction. Multiple governors said Wednesday that their states are nowhere near opening, with some warning their coronavirus cases had yet to peak. Trump cited good news of a slowing curve in Washington, DC. But May Show less Read more
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