US equities post weekly losses amid COVID concerns

NEW YORK: US equities declined in the week as market sentiment was dampened amid uncertainty over the country's additional fiscal stimulus and soaring COVID-19 cases. For the week ending on Friday, the Dow and S&P 500 lost 0.6 per cent and 1 per cent, respectively, while the Nasdaq fell 0.7 per cent. The US caseload surpassed 16 million with the death toll exceeding 297,000 as of Saturday afternoon, according to data compiled by Johns Hopkins University. (IANS)

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