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MARKET OPEN: Second covid wave may keep investors sidelined

Rebecca Howard
Mon, 29 Jun 2020

Risk aversion may hang over the domestic equities market today as concerns grow at the potential economic impact of a second wave of covid-19 infections. Wall Street’s major indexes tumbled more than 2 percent on Friday as several US states re-imposed business restrictions in response to a surge in coronavirus cases. Texas and Florida ordered bars to close again. Meanwhile, President Donald Trump's re-election campaign team postponed Vice President Mike Pence's events in Florida and Arizona this week "out of an abundance of caution," a ca...

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