Global stocks fall, dollar rises amid concerns over stimulus
Rising Covid deaths in US, increasing layoffs making investors anxious about fiscal relief
Reuters
December 12, 2020
A REUTERS FILE IMAGE
Global stock indexes eased and the dollar rose on Friday amid continued concerns over the timing of more US economic stimulus.
All three major US stock indexes were lower in morning New York trading.
Rising coronavirus deaths are causing fresh business restrictions in many US states and increasing layoffs, making investors anxious to hear whether more fiscal relief is coming.
House Speaker Nancy Pelosi on Thursday raised the possibility of stimulus negotiations dragging on through Christmas.
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