Wall Street Plunges Amid Fear Of Economic Fallout, COVID-19 Spikes


    The rapid rise for stock prices seemed to be banking on a V-shaped rebound for the economy — a steady climb as the U.S. economy reopens after the massive shutdown that took place to stem the spread of the coronavirus.

    "The current levels of the stock market have begun to discount a V-shaped recovery," said Matt Dmytryszyn, director of investments with Southfield-based Telemus Capital.

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