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Stocks fall on renewed virus fears, Powell speech in focus

Passersby wearing protective face masks, following an outbreak of the coronavirus, are
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TOKYO/NEW YORK (Reuters) - Stocks and oil prices fell on Wednesday as fears about a second wave of coronavirus infections gripped financial markets.Investors, many facing steep losses due to the pandemic-driven shakeout in assets over the past few months, have also had to contend with renewed U.S.-China trade tensions.Leading U.S. infectious disease expert Anthony Fauci on Tuesday warned lawmakers..
Date Published: May 13, 2020
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