“Markets should continue to function through times like this,” SEC Chair Jay Clayton says. He adds that “health and safety is paramount.”
This is a live blog. Please check back for updates.Even as stocks tumbled into bear market territory at record pace last week, actual market functioning was efficient, Securities and Exchange Commission Chairman Jay Clayton told CNBC.
7:43 am: Harley-Davidson down more than 11% as RBC cuts to underperform based on coronavirus uncertaintyslid more than 11% in premarket trading after RBC downgraded the stock to an underperform rating based on the uncertainty surrounding the coronavirus outbreak. "Overall, we are cautious on motorcycle industry growth, as we believe there are real secular pressures.
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