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Wall Street opens mixed on infection increase, economic data - Black News Channel

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Wall Street is mixed at the open as investors weigh a rise in coronavirus cases in the United States against upbeat economic data in Europe. Labor Department data showed wholesale prices fell in June for the fourth time in five months, as the U.S.'s deep recession holds down prices. European shares edged up after manufacturing bounced back sharply in France and Italy in May. Investors worry that worsening infection levels in populous U.S. states could derail a recovery. Some states are rolling back their reopenings, while others are ordering people arriving from hotspots to quarantine. Asian markets closed lower. THIS []

The post Wall Street opens mixed on infection increase, economic data appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

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