Saturday, 12 Dec 2020 08:13 AM MYT
The S&P 500 and Nasdaq ended lower, while the Dow closed up slightly. All three indexes registered declines for the week. “Investors are wondering what is it that Congress needs to hear before they decide to act ... their focus is more on politics than it is on the American economy,” said CFRA Chief Investment Strategist Sam Stovall.
Still, recent US initial public offerings suggested investors were generally upbeat on equities, even as jobs data pointed to US economic weakness. Britain is likely to complete its journey out of the European Union in three weeks without a trade deal, British Prime Minister Boris Johnson and European Commission chief Ursula von der Leyen said yesterday.
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