News Formal

US: Stocks close higher despite Trump virus uncertainty

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

[NEW YORK] Wall Street stocks marched higher on Monday to end with solid gains as investors appeared unphased by US President Donald Trump's battle with Covid-19. Read more at The Business Times.

"Renewed hopes of a bipartisan fiscal stimulus agreement are also lifting the mood, while indications that Democratic presidential nominee Joe Biden has widened his lead in the polls is reducing concern over the possibility of a contested November election," Wells Fargo Advisors said in a note.

The two sides have been negotiating for weeks over a follow-up package to the US$2.2 trillion CARES Act passed as the coronavirus pandemic erupted earlier this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tokyo: Stocks open higher on Trump health[TOKYO] Tokyo stocks opened higher on Monday as investors responded positively to US President Donald Trump signalling that his health is improving after contracting the coronavirus. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Europe: Stocks hit two-week high as Trump update lifts global mood[BENGALURU] European shares closed at a two-week high on Monday, as positive updates on US President Donald Trump's health, a US stimulus package and a spate of dealmaking activity lifted investor spirits. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »