Wall Street down on flight from techs; move to value limits loss on Dow, S&P 500

April 28, 2020 admin Business News Comments Off on Wall Street down on flight from techs; move to value limits loss on Dow, S&P 500

Wall Street’s major indexes lost ground on Tuesday as investors moved out of market-leading growth stocks, though a rotation into cyclical value stocks indicated hopes of economic revival as states began to relax restrictions enacted to fight the deadly COVID-19 pandemic.

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Source:: Reuters – Business News