#Stocks dive on coronavirus spike, Fed’s cap on shareholder payouts
“#Stocks dive on coronavirus spike, Fed’s cap on shareholder payouts” June 26, 2020 | 1:48pm Wall Street’s major indexes dropped on Friday as the US set a new record for a one-day increase in coronavirus cases and bank stocks tumbled after the Federal Reserve decided to cap shareholder payouts. The S&P 500 banks sub-index declined…