Wall Street's main indexes were set to open near-flat on Wednesday, as a record single-day spike in coronavirus cases in the country heightened fears of another lockdown and threatened to derail a nascent economic recovery.
- Wall Street’s main indexes were set to open near-flat on Wednesday, as a record single-day spike in coronavirus cases in the country heightened fears of another lockdown and threatened to derail a nascent economic recovery.
A warning from the government’s top infectious disease expert that the number could soon double also took the shine off data showing that a slump in global manufacturing was easing as economies reopened. Data on Wednesday showed U.S. private payrolls increased less than expected in June. Figures on U.S. manufacturing activity for the month are due later in the day, followed by the Labor Department’s nonfarm payrolls report on Thursday.
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