US Stock Market Suffered Their Biggest One-Day Pull-back in Three Months on Thursday as Traders Grew Concerned about the number of Coronavirus Cases increased in some stats that are reopening up from Lockdowns. Shares that have been surmed recently on hopes for a smooth reopening of the economy led the declines. The Dow Jones Industrial Average Plungeed 1,861.82 Points, OR 6.9%, to Close at 25,128.17. The S&P 500 Slid 5.9% to 3,002.10 While the Nasdaq Composite Dropped 5.3%. To end the day at 9,492.73. The major Averages posted their world day since march 16, when they are all dropped more than 11%. (CNBC) President Donald Trump Says The U.S. Economy will be back and better than ever next year. Federal Reserve Chairman Jerome Powell Begs to Differ. In an almost hour-long virtual press conference wednesday after left interest rates pinned near zero, powell repeatedly played down the surprise, welcome news of a pick-up in jobs growth in may that trump American History. " Instit, the Fed Chairman Spotlighted the many millions of American still out of work and suggested it would take for a return to anything like the strong laboratory market that the U.S. Enjoyed before the Coronavirus Pandemic. (Bloomberg) Source: Danareksa Sekuritas Debt Researchphoto by Alejandro Barba on Unsplash