News Wrap: Stocks slump as COVID-19 restrictions return

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In our news wrap Monday, stocks tumbled over worries that renewed COVID restrictions will slow economic recovery. President Joe Biden toned down his claim that Facebook is “killing people” with COVID misinformation, shifting blame to users. Over 200 fires are burning across Siberia, Russia, amid extreme heat. A Florida man will serve 8 months in prison for his role in the Jan. 6 insurrection.

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