... [+]The stock market closed lower on Friday, cutting into some of its gains from the previous three days in yet another volatile week of trading—but Wall Street also cheered the news that Congress had passed the largest stimulus bill in American history to stem the economic fallout from coronavirus.
The largest economic relief package in American history, the bill has been under negotiation since last week, twice failing to make it out of the Senate before it was eventually green lighted on Wednesday in a unanimous 96-0 vote.
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 States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global Stocks Mixed After Back-to-Back Gains In DowStock markets in the Asia-Pacific region diverged on Thursday as investors weighed new developments related to the coronavirus pandemic, including the progress of an estimated $2 trillion stimulus package in the U.S. I hope they catch up Japan has a corona effect on the economy, but cherry blossoms are in a beautiful season
Source: WSJ - 🏆 98. / 63 Read more »
European stocks pull back at the open after Senate passes stimulus billEuropean stocks pulled back at the open on Thursday, with the German DAX retreating 2%. Stocks had rallied ahead of the Senate passing a $2 trillion stimulus...
Source: MarketWatch - 🏆 3. / 97 Read more »
U.S. stocks climb further the day after their mighty surgeStocks had soared Tuesday on expectations that Congress and the White House were near a $2-trillion deal to aid the coronavirus-stricken economy. Did you read your own headline?
Source: latimes - 🏆 11. / 82 Read more »
BlackRock's Rieder says bond market volatility has peaked and stocks may have hit bottomBlackRock's Rick Rieder says bond market volatility appears to have peaked and he doesn't think the S&P 500 will fall below 2,300. FOOL Bottomless How many US deaths are 'priced in'? 100k? 1M?
Source: CNBC - 🏆 12. / 72 Read more »
Bank stocks have fallen to 'crazy' levels, buy these four, top analyst Mike Mayo saysFor subscribers: Bank stocks have fallen to 'crazy' levels, buy these four, top analyst Mike Mayo says. Check out CNBCPro and get your first 30 days free.
Source: CNBC - 🏆 12. / 72 Read more »