Why eyes are on New York to see turning point in COVID-19 crisis

We are sending an abbreviated COVID-19 update to reflect NY state data reported this am.Equity markets are weak to kick off the second quarter, as markets continue to struggle with the combination of US case growth and the concurrent weakening fundamentals of the economy.  And while markets are down broadly today, only 6 of 136 GICS S&P 500 Industries are up, there is less of the "sell everything" move in markets and even the VIX, while up at 57, remains below the mid-80s seen a week ago.Â...

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