Start United States USA — Financial Dow Jones falls 410 points as COVID-19 stimulus deadline nears

Dow Jones falls 410 points as COVID-19 stimulus deadline nears

268
0
TEILEN

The Dow Jones Industrial Average fell 410 points on Monday as a deadline on another round of stimulus imposed by House Speaker Nancy Pelosi drew nearer without progress toward a deal.
Oct.19 (UPI) — The Dow Jones Industrial Average fell more than 400 points on Monday as negotiations over another round of COVID-19 stimulus continued to drag on. The blue-chip index dropped 410.89 points, or 1.44%, while the S&P 500 fell 1.63% and the Nasdaq Composite ended the day down 1.65% as a deadline for Congress to pass the new stimulus bill drew nearer without much progress. House Speaker Nancy Pelosi on Sunday gave the Trump administration 48 hours to reach a deal with Congress before the Nov.

Continue reading...