7-19-21 MMC/MM Closing Bell/ParkerEpisode
Title: Stocks fall - Closing Bell
Episode Summary: CDC raises travel warning for UK; NBER finds 2020 recession ended in April making it shortest on record; US holds China responsible for hacking of Microsoft;
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This is the Marketplace Minute. I’m Meghan McCarty Carino.
STORY 1
Stocks tumbled Monday.

The Dow lost more than two percent.
The S&P was down about 1 and half percent.
And the NASDAQ fell about one percent
STORY 2
Concern about the rising spread of the highly infectious delta variant led the State Department and CDC to issue new travel warnings for the UK. Meanwhile Canada has said it will open its border to vaccinated travelers from the US on August 8.

STORY 3
The National Bureau of Economic Research has determined that the pandemic recession that began in February 2020 … ended just two months later in April. That makes it the shortest recession in US history … even though the economy has not returned to its pre-pandemic state.

STORY 4 *** CUT THIS FOR DEMO PUBRADIO
… And the Biden administration says a China-linked group was responsible for the hack of Microsoft email software … which compromised data from tens of thousands of users around the world in March.

***CLOSE
I’m Meghan McCarty Carino with the Marketplace Minute