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Stocks slip on Wall Street over coronavirus stimulus delays

WorldNews Wednesday, 21 October 2020
Stocks slip on Wall Street over coronavirus stimulus delaysU.S. stocks capped another wobbly day of trading with modest losses Wednesday as Wall Street waited for any signs of progress as lawmakers in Washington negotiate over how to deliver more aid for the economy. The Standard & Poor’s 500 index slipped 0.2% after shifting between small gains and losses for much of the day. The benchmark index is on track for its first weekly loss after notching gains in each of the last three weeks. Losses in industrial stocks, healthcare companies and elsewhere in the market outweighed solid gains by communication services stocks. Treasury yields were mixed. Much of Wall Street’s focus has been on Washington, where White House officials and Democrats are...
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Video Credit: The Street - Published
News video: Why Stocks Sold Off, What Wall Street's Saying

Why Stocks Sold Off, What Wall Street's Saying 02:40

Stocks started the day solidly, but the headwinds are strong.

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