Mnuchin said around midday that getting a deal done before the election would be difficult, adding that both sides were still far apart on certain issues. He also noted, however, that Democrats and Republicans are making progress in some areas.
"Investors continue to react to developments on stimulus discussions, despite the fading likelihood that a deal is reached," said Mark Hackett," chief of investment research at Nationwide. "The gap between House Democrats and the White House has narrowed to roughly $400 billion ... though differences on state and local government funding, healthcare aid and apportion tax credits remain.
Shares of Amazon slid more than 2% to lead most Big Tech lower. Facebook and Netflix were down 1.6% and 2.3%, respectively and Microsoft slid 0.9%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S&P, Dow futures ease on J&J vaccine worries; bank, tech stocks shineFutures tied to the Dow and the S&P 500 dipped on Tuesday as investors waited for more information from Johnson & Johnson after it paused its COVID-19 vaccine trials, although upbeat quarterly reports from some of the big U.S. banks capped losses. Still struggling with becoming A Profitable Forex trader? I can help you out,Make $3000 In Just A Week,No need to pay for Signals,Learn how to invest and generate income all by yourself.Become a successful forex trader today📊💰.DM for more info Markharrisfx Bank and tech stocks shine ,I guess so after Trump and fed dumped trillions on them does like for average American except cause inflation at grocery store, on workers worsening budget crunch under con man trump
Source: Reuters - 🏆 2. / 97 Read more »
Dow Jumps 250 Points As Trump Touts Stocks As ‘Greatest Leading Indicator Of Them All’The Dow jumped 250 points today as Trump touts stocks as the 'greatest leading indicator of them all' Proving once again how out of touch he is Only 52% of American own stocks. What about the rest of the nation Clueless It’s going up because Biden is favourite 🤣
Source: Forbes - 🏆 394. / 53 Read more »
Japan stocks set to trade lower as investors await speech from China's XiChinese President Xi Jinping is set to deliver a speech in Shenzhen on Wednesday, according to state media. That comes as the Shenzhen Special Economic Zone celebrates the 40th anniversary of its establishment.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves after hours: Disney, Twilio, Ethan Allen and moreSee which stocks are posting big moves after the bell on October 12.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Johnson & Johnson, Blackrock, JPMorgan ChaseThese are the stocks posting the largest moves before the bell. ZekeEmanuel is a Communist trying to turn the US into a socialist society. PS he's also a billionaire. 🤔 DontTellChina He was the Chief of the ACA. DemocratsAreCommunist
Source: CNBC - 🏆 12. / 72 Read more »