A version of this story first appeared in CNN Business' Before the Bell newsletter. Some investors think stocks still have more to fall given the hugely uncertain outlook. JJ Kinahan, chief market strategist at TD Ameritrade, told me that the optimism trade was bound to meet the reality trade at some point, bringing corporate valuations down. One-two punch from coronavirus and Brexit threatens UKBritain is already heading for the worst coronavirus-induced slump of any major economy. Top brass at the website Refinery29 and media giant Condé Nast also left this week following criticism of the corporate culture.

Source: CNN June 12, 2020 12:00 UTC