Why Are We Down? | PreMarket Prep November 28th

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The stock market is reacting to news of a potential lockdown in the European Union over the next few weeks due to a surge in coronavirus cases. We are also seeing a resurgence of optimism that a new U.S. government stimulus package will be put in place soon. The concerns of both a new lockdown and not getting a stimulus package have weighed heavily on the market and are contributing to the slide. Stock market
However, investors are still optimistic that a stimulus package will come, and that is helping to limit the losses.