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Economic reopening meets reality

Economic reopening meets reality

Virus cases continue to surge, Risk-on drives dollar down.

  • Volkswagen agreed with a German court to pay 9 million euros to end legal proceedings against its chairman and chief executive
  • Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users
  • US stocks are mixed in early trade but seem poised to struggle as the reopening of the economy is being met with a surge of new coronavirus cases

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