In a sharp turnaround from earlier in the sell-off, companies that have been winners in the new stay-at-home economy lagged behind the rest of the market. Clorox, whose disinfecting wipes have seen a surge in demand, was close to flat. Skeptics are also wary of how quickly stocks have rebounded, nearly as sharply as they plunged on the way down. The economy likely won’t have such a quick rebound, and the recovery may drag along for a while as people remain slow to get back to “normal” life and shopping patterns. It said prescription drug sales will likely fall because because the pandemic is keeping many patients with chronic conditions away from their doctors.

Source: Daily Sun April 28, 2020 15:11 UTC