Wall Street falls as coronavirus shreds U.S. payrolls
However the CBOE market volatility index , also known as Wall Street’s fear gauge fell 1.9 points. And while the small cap Russell 2000 index was down 4% on the day the Russell volatility index .RVX was essentially flat on the day.
Walt Disney Co shares fell 3% after it said it would furlough some U.S. employees this month, while sources said luxury retailer Neiman Marcus was stepping up preparations to seek bankruptcy protection. Raytheon Technologies Corp RTX.N, formed by the merger of United Technologies and Raytheon Co, shed 10.2% as it pulled its 2020 outlook for its aerospace units.
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