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US markets down slightly over fears of new Covid-19 curbs, stimulus

US markets down slightly over fears of new Covid-19 curbs, stimulus

After posting fresh record highs earlier this week, US stocks dived Friday morning as fear of new Covid-19 lockdown measures in Europe and US loomed large. This was compounded by the Senate opposition to President Joe Biden’s proposed new fiscal stimulus. Dow shed about 190 points to reach 30,985 (–0.6%), S&P 500 shed 17 to reach 3,836 (–0.5%) and NASDAQ 60 points to reach 13,473 (–0.4%).

Simone
Simone
Ken Williams
Ken Williams 0 months

Because of Covid-19? You don't think the market is reacting to the new President announcing he's killing multiple industries and lowering the economic competitiveness of the USA? Blame it all on the virus.

IvoryDove
IvoryDove 0 months

This is the media telling us what to think..... No way the market is reacting to Biden... No way! /s

Alt nothing
Alt nothing 0 months

BDS. Bidens either a globalist or he's not. Make your minds up.

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