U.S. stocks dropped Thursday as investors continued to back away from bets on a smooth reopening from the coronavirus shutdowns. Fresh data showed that initial unemployment claims in the U.S. remain elevated, and the number of confirmed new Covid-19 cases in the U.S. hit a new single-day high Wednesday. The S&P 500 pulled back Thursday,...

Source: Wall Street Journal July 09, 2020 09:55 UTC