European stocks set for mixed open as investors monitor U.S. stimulus hopes, coronavirus cases

  • 📰 CNBC
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

European stocks are heading for a mixed open on Tuesday as signs of progress on fresh U.S. government stimulus efforts weigh off against concerns about a burgeoning coronavirus resurgence worldwide.

unveiled a new $1 trillion coronavirus relief plan, clearing the path for talks with Democrats in a bid to pass the bill as unemployment benefits expire. The proposal focuses on returning schools and businesses to full functioning and would see unemployment benefits slashed from $600 per week to $200 per week.

Investors will also have an eye on the upcoming meeting of the U.S. Federal Reserve on Wednesday, with Fed Chairman Jerome Powell expected to reiterate the central bank's dovish monetary policy stance. has continued to rally to record highs, peaking at around $1,975 per ounce in the early hours of Tuesday and putting the $2,000 milestone firmly in its sights.are likely capping sentiment, however, with new travel restrictions being imposed by various countries in Asia and Europe as surges have been reported in a number of countries which had seemingly contained the virus. More than 16.4 million cases have now been confirmed worldwide, with more than 654,000 deaths.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 12. in US

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.

Asia Pacific stocks set for mixed start as investors watch coronavirus developmentsStocks in Asia Pacific were set for a mixed start as investors continue to monitor developments on the coronavirus front. If someone is in the game of long term wealth creation, these are exactly the kind of headlines you should stay away from. Invest regularly at relatively lower prices, keep doing it for years, reap great returns lifelong - that what will get you to financialindependence FI
Source: CNBC - 🏆 12. / 72 Read more »

US stocks rise as tech trades higher, investors await stimulus bill | Markets InsiderUS stocks rose on Monday as investors looked to major earnings on deck this week and awaited the release of the GOP's coronavirus stimulus plan.... Meanwhile, their customers are getting screwed.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Travel stocks weigh on Europe after UK quarantine move on SpainEuropean shares fell on Monday as travel stocks slumped in early deals after Britain imposed a quarantine on travellers returning from Spain because of a surge of coronavirus cases.
Source: Reuters - 🏆 2. / 97 Read more »