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Futures Hit New Record High After House Approves $2,000 Stimulus Checks

Futures Hit New Record High After House Approves $2,000 Stimulus Checks
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U S Stocks Slump as Hope Fades for Expanded Aid: Markets Wrap

U.S. Stocks Drop After Hope Fades for Expanded Aid: Markets Wrap Bloomberg 12/29/2020 Vildana Hajric (Bloomberg) U.S. stocks pulled back from record highs, with small-cap shares posting their biggest drop in a month, as prospects faded for bigger government aid checks to individuals. The dollar weakened. The Russell 2000 Index tumbled almost 2%, while the S&P 500 finished only slightly lower. A gauge of global equities was set to close at a record after the U.S. House backed President Donald Trump’s proposal to boost aid checks for individuals, but pulled back from its high of the day as Senate Republicans blocked an attempt by Democrats to increase the direct payments to $2,000 from $600.

Stocks Pull Back as Hopes for Expanded COVID Aid Dim

Stocks Pull Back as Hopes for Expanded COVID Aid Dim
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U S stocks fluctuate near record highs; dollar slumps

U.S. stocks slip as hope fades for expanded aid Cecile Gutscher, Bloomberg News VIDEO SIGN OUT U.S. stocks pulled back from record highs, with small-cap shares posting their biggest drop in a month, as prospects faded for bigger government aid checks to individuals. The dollar weakened. The Russell 2000 Index tumbled almost 2 per cent, while the S&P 500 finished only slightly lower. A gauge of global equities was set to close at a record after the U.S. House backed President Donald Trump’s proposal to boost aid checks for individuals, but pulled back from its high of the day as Senate Republicans blocked an attempt by Democrats to increase the direct payments to US$2,000 from US$600.

Most Stocks Slump as Hope Fades for Expanded Aid: Markets Wrap

Most Stocks Slump as Hope Fades for Expanded Aid: Markets Wrap
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