Global stocks slide as progress on stimulus stalls with just two weeks to go to the US election | Markets Insider

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Global stocks slide as progress on stimulus stalls, with just two weeks to go to the US election

Global stocks slid on Thursday after the US Senate's stimulus smack-down dimmed the prospects of another relief package ahead of the November election.

House Speaker Nancy Pelosi acknowledged that negotiations may not come together until after the election, although she has said:"I'm pretty happy. I think we have a prospect for an agreement." US futures edged lower after a top US official said Russia and Iran took"specific actions to influence public opinion" relating to the presidential election.

European stocks fell as the region faced new records of coronavirus infections and continued government restrictions on movement.Global stocks dropped on Thursday, driven lower by another blow to expectations that US lawmakers may agree on a stimulus framework before the November election.

 

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