Stocks gained on the first trading day in August as investors looked through revived US-China tensions and stayed hopes for a near-term stimulus bill.
Lawmakers and White House officials met through the weekend to deliberate on a second round of fiscal relief. The end of July marked the expiration of expanded unemployment benefits, erasing a key support measure for millions of jobless Americans. While Republicans and Democrats reached agreements on some facets including direct payments, the factions remain in a standoff on unemployment aid.
Meanwhile, new risks to the already fragile US-China relationship surfaced over the weekend. US Secretary of State Mike Pompeo said Sunday that the White House might take action against Chinese software companies "in the coming days" following the administration's order to ban TikTok. The statement reinvigorated trade fears just weeks after the two countries sparred on their respective consulates.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
U.S. stock futures flat as earnings season, stimulus talks continueFutures held steady at the start of the overnight session Sunday evening as investors turned their attention back to Washington. Not really, but let's wait. We are just 10 minutes in. Do futures ever falter? It seems like they only ever go up. They haven’t heard what MoscowMitchMcTreason said apparently.
Källa: CNBC - 🏆 12. / 72 Läs mer »
European stocks seen cautiously higher with U.S. stimulus talks, earnings season in focusEuropean stocks are expected to edge higher Monday morning ahead of another big week for corporate earnings, while U.S. lawmakers attempt to hammer out a new coronavirus aid package.
Källa: CNBC - 🏆 12. / 72 Läs mer »
Stock market crash risks after COVID-19 vaccine is available: SocGen - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. HEPA and NBLX are my stock picks. Great buy. Good outlook.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Stock picks to buy, 16 global tech companies with 20%-plus upside: UBS - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »