Stocks Fall Despite Wall St Stimulus Hope; Dollar Dips
Thursday, 24 September 2020
NEW YORK: Wall Street rose in a choppy session on Thursday on hopes of more economic stimulus but the gains were not enough to lift an index of stocks across the globe, while the dollar ticked down from two-month highs. The Federal Reserve this week has talked up the importance of more fiscal stimulus amid investor fears of another economic hit from the coronavirus pandemic. Weak labor market data on Thursday underscored that need. Democrats in the U.S. House of Representatives are working on a $2.2...
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