Investors remain worried over surging cases and deaths related to COVID-19, especially in parts of the U.S. and Europe, and the implications for trade, tourism and economic activity.
U.S. stock indexes closed mostly higher last week. They bounced between small gains and losses, a familiar pattern recently as traders keep an eye on negotiations between Republican and Democratic leaders in Washington over more economic aid. At issue is a huge virus relief bill that would send another US$1,200 direct payment to most Americans, restart bonus unemployment benefits, fund additional testing and vaccines, provide aid to schools and allocate money to state and local governments, a Democratic priority.
On Friday, the S&P 500 rose 0.3% to 3,465.39, its second straight gain. The Dow Jones Industrial Average dropped 0.1%, to 28,335.57. The Nasdaq composite, which is heavily weighted with technology stocks, gained 0.4% to 11,548.28, while the Russell 2000 index rose 0.6% to 1,640.50.
trump is getting in whether the media likes it or not..
They will take an ultimate dive when and after nov 3rd hits, there will be no chinese economy period.
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