The stimulus boost has passed and now the stock market is focused solely on virus developments [MSNBC.com]
JP Morgan Chase & Co. (JPM)
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Source: MSNBC.com
Market InsiderThe stimulus boost has passed and now the stock market is focused solely on virus developmentsPublished Fri, Apr 3 2020Updated an hour agoPatti Domm@in/patti-domm-9224884/@pattidommKey PointsNew York Stock Exchange building is seen at the Financial District in New York City, United States on March 29, 2020.Anadolu AgencyThe stock market enters a four-day week that is the lull before earnings season, but it's the headlines on developments around the spread of the coronavirus that may result in the most volatility.Strategists say investors are now most focused on how the virus is progressing, what medical developments might help, and how long it could take to end the shutdown of most of the U.S."I think it's a wait and see with a drift to the downside. I think if you look back to that three-, four-day rally we had in March, capping off the end of the month, I think a lot of that was reaction to the Fed, a lot of it was reaction to the stimulus out of Washington," said Lori
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