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America’s 10 Richest People Are $14 Billion Poorer As Stock Market Has Its Worst Day In Almost Two Months
U.S. stock market indices plunged on Monday amid a resurgence in coronavirus cases, causing America’s ten richest people to shed billions of dollars from their fortunes. A surge in coronavirus cases—both domestically and globally—weighed on market sentiment just eight days before the November presidential election.The United States saw a record suge in average daily coronavirus infections over the weekend, surpassing a previous record set in July, according to data from Johns Hopkins University. Adding to market uncertainty are the stalled negotiations in Washington for another fiscal stimulus bill. Investors ... (full story)