Bets that more U.S. stimulus was in the offing came despite signs that talks in Washington had stalled again, leading the Trump administration to call on Congress to pass a less ambitious coronavirus relief bill.
U.S. Senate Republicans said they will go along with what President Trump wants in coronavirus relief legislation, a White House spokeswoman said on Monday. Beijing’s tensions with Washington are also in view after the White House moved forward with three sales of advanced weaponry to Taiwan, sources familiar with the situation said on Monday.
The move in the run-up to the U.S. election is likely to anger China, which considers Taiwan a renegade province. Investors are also closely watching the global resurgence in coronavirus cases after British Prime Minister Boris Johnson on Monday announced a new system of restrictions on parts of England. Lawmakers will vote on the move on Tuesday.In energy markets, oil prices slipped after a force majeure at Libya’s largest oilfield lifted, a Norwegian strike affecting production ended and U.S. producers began restoring output after Hurricane Delta.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China gains hoist Asian stocks to two-year peakChinese stocks led Asian markets higher on Monday as investors bet on a steady recovery for the world's no. 2 economy, though caution about the fate of U.S. stimulus kept the dollar firm and a central bank policy tweak unwound some of the yuan's gains.
Source: Reuters - 🏆 2. / 97 Read more »
Wall Street rally gains steam, with the Dow surging 300 pointsU.S. stocks rose on Monday as investors monitored stimulus negotiations in Washington and prepared for a busy week of corporate earnings. Partly because Apple is up 5% AntonioSabatoJr · 2m Proclamation on Columbus Day, 2020 | The White House Just rigged 7 pts off highs, one program market, it is pretty hilarious
Source: CNBC - 🏆 12. / 72 Read more »
Apple and Amazon drive rally on Wall StreetWall Street ended sharply higher on Monday, fueled by expectations of a coronavirus relief package and by a rally in Amazon, Apple and other technology stocks ahead quarterly earnings season. Or by trump tweets. It’s just downright silly. The crash next week will be just as silly. All of Wall Street belongs in a pit of ants
Source: Reuters - 🏆 2. / 97 Read more »
50 Inspiring South Asian Influencers on Style and Representation In the IndustryEvery time I open up Instagram or TikTok, I'm captivated by a flurry of fashionable and inspiring new posts by South Asian influencers. It seems like
Source: POPSUGARFashion - 🏆 28. / 68 Read more »
Paladino Casting Calls Racist Asian American Casting Notice An “Inexcusable Oversight”This weekend, Paladino Casting got into some hot water with a recent casting notice it posted for a Kinder Joy commercial. The notice, which called for a “Chinese/Korean Mom With Child/Childr… was it released on Breakdown Services?
Source: DEADLINE - 🏆 109. / 63 Read more »
Apple's upcoming iPhone launch drives Wall Street surgeAnalysts expect Apple to introduce a selection of iPhone 12 models in multiple sizes tailored for the super-fast 5G telecom networks taking root worldwide, with strong demand for the model anticipated in China.
Source: trtworld - 🏆 101. / 63 Read more »