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Furtures Rebound As Stimulus Optimism Trumps Mutant Virus Gloom

Furtures Rebound As Stimulus Optimism Trumps Mutant Virus Gloom
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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Stocks Fall as Congress Wrangles Over Relief Package Details


Stocks Slide as Congress Wrangles Over Relief Package Details
TheStreet
12/18/2020
© TheStreet
Stocks Slide as Congress Wrangles Over Relief Package Details
Stocks declined Friday as congressional leaders made slow progress on agreeing to a stimulus bill and a government spending package ahead of a midnight deadline.
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The Dow Jones Industrial Average was down 214 points, or 0.71%, to 30,088, the S&P 500 fell 0.75% and the Nasdaq declined 0.33%.
Each of the three indexes traded at record intraday highs during Friday s session. They remain on track for weekly gains.
Stocks closed at record highs Thursday as another surprise jump in initial jobless claims increased confidence on Wall Street that lawmakers would soon agree to a coronavirus aid bill. ....

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Stocks Fall as Stimulus Talks Remain at a Stalemate


Stocks End Mixed as Senate Passes Bill to Avert Government Shutdown
TheStreet
12/11/2020
© TheStreet
Stocks End Mixed as Senate Passes Bill to Avert Government Shutdown
Stocks finished mixed Friday as the Senate passed a one-week spending bill that would avert a partial government shutdown and as the Food and Drug Administration was expected to expedite announcement of a coronavirus-vaccine approval.
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The bill, already approved by the House, was sent to President Donald Trump for his signature. It averted a shutdown that would have started at midnight.
Equities reported a losing week as hopes on Wall Street faded that lawmakers in Washington would reach a stimulus agreement as coronavirus cases surged across the U.S. ....

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