Stocks recorded their biggest weekly percentage drop in nearly two months last week, a sign that recent gains are just one step of what many analysts say will be a long and painful recovery. While many investors remain hopeful that stimulus measures from central banks and governments will ease pressure on the world economy, there is a growing belief that the fallout from the coronavirus pandemic will last longer than anticipated. Fueling the caution: the prospect that lockdowns could linger or stimulus measures could prove...

Source: Wall Street Journal May 17, 2020 12:00 UTC