Home » today » News » New York equities end: Slight minus – stimulus package still in limbo | 10/21/20

New York equities end: Slight minus – stimulus package still in limbo | 10/21/20

NEW YORK (dpa-AFX) – On Wall Street, investors became a little more cautious again on Wednesday. After the weak start to the week and a moderate recovery on Tuesday, the most important stock indices finally slipped back slightly in the middle of the week.

The Dow Jones Industrial (Dow Jones 30 Industrial) closed 0.35 percent lower at 28,210.82 points. The market-wide S&P 500 was down 0.22 percent to 3435.56 points and the technology-heavy NASDAQ 100 was down 0.11 percent at 11,665.37 points.

The market-defining topic continues to be the negotiations between Republicans and Democrats about new financial aid in the corona pandemic. Although the market is bullish, the news has been mixed recently. Nancy Pelosi, spokeswoman for the Democrats in the House of Representatives, has recently been rather confident. On the other hand, the Republican majority leader in the Senate, Mitch McConnell, warned against agreeing to an agreement before the presidential election. In addition, the corona infection numbers in the USA remain a risk factor for the stock market./la/he

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