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Dow Plunges 411 Points

Video Credit: Wochit - Duration: 00:34s - Published
Dow Plunges 411 Points

Dow Plunges 411 Points

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.

The US notched its fifth-straight day of more than 50,000 new cases, reviving fears of new lockdowns and a hit to economic recovery.


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