The Weekly Bottom Line: Climbing COVID-19 Infections Threaten the Recovery

<p>U.S. Highlights U.S. stock markets erased their earlier gains this week as the rise in COVID-19 cases weighed on sentiment. Green shoots are continuing to emerge in the economic data. Consumer spending rebounded by 8.2% in May driven by surging durable goods orders. Home sales data also showed signs of improvement, with new home sales […]</p>
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