U.S. stocks were poised to open sharply lower Wednesday, as investor angst persisted over economies reeling from the coronavirus outbreak.
President Donald Trump said late Monday he will seek financial relief for workers and businesses affected by the coronavirus outbreak, as new cases were reported across the country.
Goldman Sachs forecast that the longest-ever bull market “will soon end” after 11 years. It also lowered its profit forecast for the S&P 500 index, the broadest measure of the U.S. stock market, citing lower crude oil prices and interest rates.
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