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Treasuries ticked up. 09:06
Image: Alexander Zemlianichenko Jr/Bloomberg
US and European stock futures dipped Wednesday, while Asian equities traded mostly higher after President Donald Trump said he is asking Congress to amend the pandemic aid legislation that was passed earlier this week. Treasuries ticked up.
S&P 500 futures fell as much as 0.7% before paring most of the losses. Trump demanded that lawmakers increase the stimulus checks due to go out to most Americans to $2,000 from $600, just a day after Congress passed a $900 billion bipartisan relief package. Investors also continue to assess the vaccine rollout after a new virus variant sparked more severe lockdowns. Gold climbed while crude oil retreated.
Stocks edge higher as stimulus uncertainty downplayed bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
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(Bloomberg) U.S. stocks rose for the first time in four days even as uncertainly surrounded President Donald Trump’s demand for changes to pandemic relief legislation. The pound gained as an outline of the post-Brexit trade deal was reached.
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The benchmark S&P 500 managed to finish marginally higher despite a late session slide amid a flurry of headlines on the status of the aid package. The Nasdaq Composite and Russell 2000 indexes set intraday record highs. Trump is demanding that lawmakers increase the stimulus checks due to go out to most Americans to $2,000 from $600 in the same week that Congress passed the $900 billion bipartisan package.
Stocks Snap 3-Day Losing Streak; Pound Strengthens: Markets Wrap
Bloomberg 12/23/2020 Kamaron Leach
(Bloomberg) U.S. stocks rose for the first time in four days even as uncertainly surrounded President Donald Trump’s demand for changes to pandemic relief legislation. The pound gained as an outline of the post-Brexit trade deal was reached.
Popular Searches
The benchmark S&P 500 managed to finish marginally higher despite a late session slide amid a flurry of headlines on the status of the aid package. The Nasdaq Composite and Russell 2000 indexes set intraday record highs. Trump is demanding that lawmakers increase the stimulus checks due to go out to most Americans to $2,000 from $600 in the same week that Congress passed the $900 billion bipartisan package.
Stocks Snap 3-Day Losing Streak; Pound Strengthens: Markets Wrap
Bloomberg 12/23/2020 Kamaron Leach
(Bloomberg) U.S. stocks rose for the first time in four days even as uncertainly surrounded President Donald Trump’s demand for changes to pandemic relief legislation. The pound gained as an outline of the post-Brexit trade deal was reached.
Popular Searches
The benchmark S&P 500 managed to finish marginally higher despite a late session slide amid a flurry of headlines on the status of the aid package. The Nasdaq Composite and Russell 2000 indexes set intraday record highs. Trump is demanding that lawmakers increase the stimulus checks due to go out to most Americans to $2,000 from $600 in the same week that Congress passed the $900 billion bipartisan package.