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US Stocks Decline, Stimulus Negotiations Heat Up
Video Credit: Wochit Entertainment
Published on August 8, 2020 - Duration: 00:32s
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.