Technology

Wall Street closes lower as shutdown worries loom, Tesla jumps

Wall Street closes lower as shutdown worries loom, Tesla jumps

U.S. stocks retreated from record closing highs on Tuesday, ending lower as surging COVID-19 cases, the growing threat of a fresh round of economic lockdowns and weak retail sales data dampened the euphoria caused by potential vaccine breakthroughs. The sell-off was a reversal of Monday’s rally, in which the blue-chip Dow reached its first record closing high since before the pandemic.

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