Highlights:
- US futures have tumbled by more than 4%.
- S&P 500 index fell by 4.2% and settled at 2839.
- PIMCO has warned clients that a mild and short recession could worsen the economic condition.
The US equity markets have fallen by more than 4%. This happened after off-hours trading for US equity markets resumed. The investors are fearing the fast-spreading of coron....
Tags : US market, coronavirus, Stocks, futures, recession,
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