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Dow Jones, the S&P 500, and Nasdaq price forecast ahead of renewed COVID-19 restrictions

Dow Jones, the S&P 500, and Nasdaq price forecast ahead of renewed COVID-19 restrictions

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The Dow Jones Industrial Average and the S&P 500 weakened on Friday as the prospect of renewed lockdowns in Europe and rising COVID-19 cases make investors nervous. Austria imposed a nationwide lockdown from this Monday, and according to Germany’s Health Minister Jens Spahn, Germany is also not ruling out a new lockdown.

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