Stocks Mixed Before Fed Amid Stimulus Wrangling: Markets Wrap
Stocks Rise on Aid Talks as Bonds Drop After Fed: Markets Wrap Bloomberg 12/16/2020 Rita Nazareth (Bloomberg) -- Stocks rose on speculation that lawmakers are getting closer to a stimulus deal aimed at reviving the world’s largest economy. Treasuries fell as the Federal Reserve disappointed some traders who expected changes to the composition of bond purchases. Popular Searches The S&P 500 notched back-to-back gains after Senate Majority Leader Mitch McConnell said talks about fresh aid are still ongoing and he thinks “we’re gonna get there.” Retailers and technology...