The comments, which were the latest, and perhaps most influential, negative note investors have heard this week, triggered a nearly 2 percent drop in the SP 500 on Wednesday. On Tuesday, the nation’s top infectious disease expert, Dr. Anthony S. Fauci, warned that a too-rapid reopening of large parts of the American economy could risk a difficult-to-control resurgence of Covid-19.
Article source: https://www.nytimes.com/2020/05/14/business/unemployment-claims-numbers-stock-market-coronavirus.html