Wall Street set to open slightly higher ahead of Fed's economic outlook

Credit: Reuters- Published on June 10, 2020
Wall Street's main indexes were set to open slightly higher on Wednesday as focus shifted to a Federal Reserve meeting that will deliver the central bank's first projections on the economy post-coronavirus outbreak.

Video credit: Wochit News
Published on June 11, 2020 -  00:37
Wall Street Plunges, Biggest Loss Since March
NEW YORK (Reuters) - Wall Street plummeted on Thursday as investors reacted to renewed fears of a pandemic resurgence and digested dour economic forecasts from the U.S. Federal Reserve. All three major U.S. stock indexes were down about 5%, posting their worst day since mid-March, when markets were sent into freefall by the abrupt economic lockdowns put in place to contain the pandemic. The Nasdaq snapped a three-day streak of record closing highs.

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