


| Markets drop in Asia on rising China-US tensions over virus |
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“Even as growth-stifling containment measures are set to be phased out in May, the global downturn looks to deepen in Q2," it said, adding that anti-China threats from Trump, on top of record job losses, may result in a continuation of the “Mayday” type of fear dynamics.
May Day itself brought a 2.8% drop in the S&P 500, to 2,830.
Posted: 2020-05-04 07:13:00
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