Covid-19 crackdowns are cutting into U.S. equity returns.
Recent upticks in U.S. coronavirus case counts weighed on the major averages Thursday, with the Dow, S&P 500 and Nasdaq Composite eking out modest gains in afternoon trading after sustaining losses earlier in the session.
Market analysts were looking longer term at how a new wave of restrictions could impact stocks and the economy.
Here’s what four of them told CNBC on Thursday:
Joe Terranova, senior managing director of Virtus Investment Partners, emphasized the market’s need for government support: Read more…..
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