Wall Street and Main Street on watch to see if Trump gains erased

United States stocks drafted lower then higher on Thursday, following Wednesday’s session that saw the Dow Jones Industrial Average close below 20,000 for the first time since February 2017 – a hair’s breadth from erasing all of its gains since President Donald Trump took office.

Trump has touted the performance of the Dow throughout his presidency, taking credit for the economy’s continued expansion – now in its 11th year – and for the stock market marking new record highs. But what goes up, coronavirus fear is bringing down with a vengeance.

United States stocks drafted lower then higher on Thursday, following Wednesday’s session that saw the Dow Jones Industrial Average close below 20,000 for the first time since February 2017 – a hair’s breadth from erasing all of its gains since President Donald Trump took office.

Trump has touted the performance of the Dow throughout his presidency, taking credit for the economy’s continued expansion – now in its 11th year – and for the stock market marking new record highs. But what goes up, coronavirus fear is bringing down with a vengeance.

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