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REVIEW: Investors’ mettle was put to the test yesterday as the rising number of coronavirus cases in the US sent waves of panic that the economic reopening may have come too quickly, too soon.
The Dow Jones plunged nearly 7% on Thursday night, reminiscent of falls during the March equities meltdown. Asian markets including Bursa Malaysia followed suit yesterday. And yet it could be argued that a healthy correction was unfolding as investors were seen taking the edge off the overheated situation in equities.
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