US Stocks Decline, Stimulus Negotiations Heat Up

Reuters US stocks closed down on Tuesday as investors mulled Senate Republicans' coronavirus stimulus package and a slew of earnings reports.

The GOP continued negotiations on its initial fiscal relief plan throughout the day.

The $1 trillion package includes another round of $1,200 payments and additional funds for small-business loans.

Experts expect a long negotiation period as Republicans and Democrats spar over their respective proposals.