4 p.m.: Another day, another wild swing in global markets. Stocks finished well off their lows of the session, but nonetheless sitting on hefty losses. News that the Senate was about to pass a coronavirus relief bill helped boost the market in the last half hour of trading. Already passed by the House, the law provides paid sick leave and expands unemployment benefits for workers impacted by the outbreak. It also provides funding for free coronavirus testing.
The dash for cash continued through the day, as risky and haven…
Author: Nicholas Jasinski
Source: Barrons: Dow Tumbles Below 20,000 as Investors Dash for Cash