Asia stocks wobble after Mnuchin pulls plug on US stimulus

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

SYDNEY (REUTERS) - Global stocks came under pressure on Friday (Nov 20) after US Treasury Secretary Steven Mnuchin called for an end to pandemic relief for struggling businesses, sparking a rare clash between the central bank and Treasury and weighing on sentiment.. Read more at straitstimes.com.

SYDNEY - Global stocks came under pressure on Friday after US Treasury Secretary Steven Mnuchin called for an end to pandemic relief for struggling businesses, sparking a rare clash between the central bank and Treasury and weighing on sentiment.

However, that sentiment faded after Treasury Secretary Mnuchin later asked the Federal Reserve to return money earmarked under the March pandemic relief act for emergency lending to businesses, nonprofits and local governments. Investor sentiment was also tinged by data that showed COVID-19 hospitalizations across the US jumped by nearly 50 per cent in the last two weeks, threatening the recovery of the world's largest economy as cities and states began to impose lockdowns.

More on this topic All three major stock indexes, however, got a healthy boost after Schumer said he had agreed with McConnell to allow their staff to begin meetings for"a real good COVID relief bill."

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 8. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Asia stocks hold near highs, yields up on US stimulus plansAsian shares took a breather on Monday while Treasury yields were at 10-month highs as 'trillions' in new U.S. fiscal stimulus plans were set to ...
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »