Stocks Slump On Arizona COVID Case Record
Tyler Durden
Wed, 07/01/2020 – 11:33
…vaccine, what vaccine?
Headlines from Arizona showing the state just saw its biggest daily increase in COVID-19 cases (with no one paying attention to death counts or mortality rates), sparked an acceleration to the downside for the markets in general.
Big Caps (Dow) and Small Caps (Russell 2000) are back in the red…
Nasdaq had been soaring from the cash open (but reversed on AZ headlines) whereas the rest of the markets were being sold from the open, with Small Caps worst.