on Tuesday, with Japan's Nikkei 225 ending the day down .4%, but stocks in Europe are faring better: the United Kingdom's FTSE 100 is up .4%, while France's CAC 40 edged up .1%, as of U.S. market open.Speaker Pelosi and Treasury Secretary Steven Mnuchin are slated to speak Tuesday afternoon–the final deadline, Pelosi says, to reach an agreement on another round of fiscal stimulus if Congress wants to ensure the bill is passed before the November election.
The renewed urgency comes amid a new surge in coronavirus cases domestically, with at least 10 states all recording"We still face a 30% to 35% chance of falling back into recession and don't see the U.S. economy reaching its real nominal GDP level of year-end 2019 until late next year—and that assumes passage of a $500 billion stimulus package before year-end," a team of S&P Global analysts led by U.S. Chief Economist Beth Ann Bovino said in a Monday note.
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