News Formal

Wall St. falls on tough stimulus talks, mixed earnings

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 66%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

U.S. stock index futures retreated on Tuesday as lawmakers geared up to debate a coronavirus relief deal to limit the economic damage from the ...

REUTERS: Wall Street's main indexes fell on Tuesday as lawmakers geared up for grueling talks over a coronavirus relief package, with investors also weighing a mixed batch of earnings reports from blue-chip companies.

The U.S. Federal Reserve also said it would extend several of its lending facilities through the end of the year in a sign the economic impact of the novel coronavirus pandemic has been more prolonged than expected. Pfizer Inc rose 3.1per cent after it raised its full-year forecast on strong demand for cancer drugs and blood thinners. Late on Monday, the drugmaker announced a pivotal global study to evaluate a COVID-19 vaccine candidate.

The U.S. central bank is expected to reiterate its accommodative stance when it wraps up its two-day policy meeting on Wednesday afternoon.

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:

 /  🏆 6. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall St. set to slip on tough stimulus talks, mixed earningsU.S. stock index futures retreated on Tuesday as lawmakers geared up to debate a coronavirus relief deal to limit the economic damage from the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US: Wall St opens lower on tough stimulus talks, mixed earnings[NEW YORK] Wall Street's main indexes opened lower on Tuesday as lawmakers geared up for grueling talks over a coronavirus relief deal, with investors also weighing a mixed batch of earnings reports from blue-chip companies. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Stimulus, dovish Fed bets set to lift Wall St. ahead of earnings rushU.S. stock futures rose on Monday after a two-day slide for Wall Street, as bets on a more dovish outlook from the U.S. Federal Reserve brightened ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Stimulus bets boost Wall St. ahead of busy earnings weekU.S. stock futures rose on Monday after a two-day slide for Wall Street, as bets on a more dovish outlook from the U.S. Federal Reserve brightened ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »