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S&P 500 EDGES LOWER AS RISKS ASSOCIATED WITH REOPENING


(Reuters) - The S&P 500 dipped in choppy trading on Tuesday as the risks of reopening the economy too soon overshadowed hopes of a jump-start to a battered global economy, following an easing of virus-led business shutdowns.


Leading U.S. infectious disease expert Anthony Fauci warned Congress that a premature opening of the nation’s economy could lead to additional outbreaks of the novel coronavirus. Optimism about an economic recovery and massive stimulus measures have helped the benchmark index climb about 34% from the lows of a pandemic-driven selloff in March.


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