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Stocks Extend Slide Amid Lingering Virus Concern: Markets Wrap
Bloomberg 12/22/2020 Kamaron Leach and Cecile Gutscher
(Bloomberg) U.S. stocks fell for a third day as optimism over a Covid-19 relief bill was tempered by the emergence of a new variant of the virus and a slew of lockdowns and travel curbs to contain it. The dollar advanced and Treasuries gained.
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The benchmark S&P 500 fluctuated between gains and losses before closing lower, with consumer services and energy the biggest sector decliners. The Nasdaq Composite and Russell 2000 set record highs in what is a holiday shortened week. U.S. lawmakers cleared a $2.3 trillion year-end spending bill and stimulus package. President-elect Joe Biden warned the “darkest days” of the pandemic were still to come and called on Congress to be ready early next year to produce another stimulus package.
U.S. stocks extend slide amid lingering virus concern
Cecile Gutscher and Kamaron Leach, Bloomberg News
BNN Bloomberg s closing bell update: December 22, 2020 VIDEO SIGN OUT
U.S. stocks fell for a third day as optimism over a COVID-19 relief bill was tempered by the emergence of a new variant of the virus and a slew of lockdowns and travel curbs to contain it. The dollar advanced and Treasuries gained.
The benchmark S&P 500 fluctuated between gains and losses before closing lower, with consumer services and energy the biggest sector decliners. The Nasdaq Composite and Russell 2000 set record highs in what is a holiday shortened week. U.S. lawmakers cleared a US$2.3 trillion year-end spending bill and stimulus package. President-elect Joe Biden warned the âdarkest daysâ of the pandemic were still to come and called on Congress to be ready early next year to produce another stimulus package.
Stocks Edge Lower Amid Lingering Virus Concern: Markets Wrap swissinfo.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swissinfo.ch Daily Mail and Mail on Sunday newspapers.