Market News 22 Sept 2020
(World News Cezch Republic)

The S&P 500 extended three weeks of losses as Covid-19 exerts negative attitudes again as if this pandemic never magically went away. Last night`s sell-off took indices to the edge of correction territory or a 10% retrace. That that redline in the sand waits at 3,222.76 points for the S&P 500, who together with the Nasdaq and Dow are all under the 50-day moving average that recently offered stout support The inescapable awareness of simple facts has raised its ugly head; the virus spreads faster with the arrival of the Northern Hemispheres winter. With travel cheap and borderless in the E.U. it`s little wonder dramatic rises in case numbers have appeared. Global infections now exceed 31...