The Dow Jones Industrial Average was down 0.3%, nearly 100 points, at Friday’s open, while the S&P 500 was down 0.2% and the tech-heavy Nasdaq Composite was flat.
The S&P has spent much of the week flirting with a new all-time high, attempting to overtake its previous record of 3,386 set back in February., which was lower than the 2.3% expected, according to the Commerce Department.” and unable to agree on the next coronavirus stimulus bill: It could take weeks for an agreement to be reached, as Congress has now adjourned for the month.
House Speaker Nancy Pelosi said she won’t restart discussions until Republicans increase their coronavirus aid offerShares of companies that would benefit from a reopening of the economy—including airlines and cruise operators—fell again on Friday.from a 30% drop in its history, according to data compiled by Ned Davis Research.to review the phase one trade deal via a video call on Saturday.
Trump fail
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Source: Reuters - 🏆 2. / 97 Read more »