US stocks edge lower as stimulus talks stagnate and virus cases spike | Markets Insider

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US stocks edge lower as stimulus talks stagnate and virus cases spike

US stocks closed lower on Thursday after paring earlier losses as investors continued to hold out hope for a fiscal stimulus deal prior to the upcoming election.

An uptick in weekly US jobless claims also didn't help stocks on Thursday; the 898,000 new unemployment filings surpassed economist estimates. House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin continued negotiations today, with a sticking point remaining to be a plan for a national testing strategy of COVID-19.

 

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I hate these stupid stock photos they always use for the trading floor. Like why does the specialist care so much? He doesn’t have any skin in the game obviously. And who cares about specialists anymore anyways? Are they even operating the real trading floor anymore 😂

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