Getty Images US stocks extended losses into Monday's close as a lack of stimulus progress cut into hopes for a pre-election deal. House Speaker Nancy Pelosi expedited talks on Sunday, setting a 48-hour deadline for the White House and Democrats to ink a deal. She later told Democrats that significant obstacles in reaching a compromise remain. Even if an agreement is reached, the bill is set to die in the Senate as Republicans push a $500 billion measure.
[NFA] The top elected Democratic official said time to seal a massive coronavirus stimulus package before the U.S. election was running out, but she held out hope of reaching an agreement with the White House. This report produced by Zachary Goelman.