Texas Governor Gregg Abbott announced on Friday that they are ordering bars to close in the state in response to the surging number of coronavirus cases. Abbott further added that they will be lowering restaurants’ capacity by 50%. “At this time, it is clear that the rise in cases is largely driven by certain types of activities, including Texans congregating in bars,” Abbott said in a news release, as reported by Texas Tribune. “The actions in this executive order are essential to our mission to swiftly contain this virus and protect public health.” Market reaction Wall Street’s main indexes remain under heavy selling pressure following this announcement. As of writing, the S&P 500 was down 1.17% on the day while the Dow Jones Industrial Average was losing 1.55%. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD Price Analysis: Bears challenge 3-month old ascending channel support FX Street 2 years Texas Governor Gregg Abbott announced on Friday that they are ordering bars to close in the state in response to the surging number of coronavirus cases. Abbott further added that they will be lowering restaurants' capacity by 50%. “At this time, it is clear that the rise in cases is largely driven by certain types of activities, including Texans congregating in bars," Abbott said in a news release, as reported by Texas Tribune. "The actions in this executive order are essential to our mission to swiftly contain this virus and protect public health." Market reaction Wall Street's main indexes remain under… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.