US stocks fall amid congressional fight on stimulus | Malay Mail

📆 3/23/2020 7:17 PM
📰 malaymail

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NEW YORK, March 23 — Wall Street fell early today as Congress wrangled over a massive stimulus package while the Federal Reserve unveiled new emergency programs to boost the economy including with unlimited bond buying. About 45 minutes into trading, the Dow Jones Industrial Average was down 0.6...

Traders and financial professionals work on the floor of the New York Stock Exchange ahead of the closing bell, June 21, 2019 in New York City. — AFP pic

About 45 minutes into trading, the Dow Jones Industrial Average was down 0.6 per cent at 19,053.17, and the broad-based S&P 500 also fell 0.6 per cent to 2,290.31 after regaining some ground lost just after the open.Last week saw US indices suffer their worst week since 2008 amid forecasts of a deep US and global economic contraction due to mass layoffs as business activity shuts down due to the coronavirus.

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