Investing.com investing.com 08 Jan, 2021 20:15 am

Dow Eases From Lows as Biden Restores Stimulus Hopes  By Investing.com

Dow Eases From Lows as Biden Restores Stimulus Hopes  By Investing.com
Dow Eases From Lows as Biden Restores Stimulus Hopes

com – The Dow cut losses on Friday as stimulus hopes were restored after West Virginia Democratic Senator Joe Machin said he had not signaled that he would vote against any proposal to boost stimulus checks, while president-elect Joe Biden talked up fiscal expansion.Manchin was quoted as saying "absolutely not" when quizzed about backing an idea to boost stimulus checks to $2,000, but the West Virginia senator said this was in response to whether checks should the first priority.S&P 500 edges back from record high on doubts over bigger stimulus checks p By Devik Jain and Medha Singh (Reuters) - The S&P 500 retreated slightly from a record high on Friday following a report that Democratic U.The Dow Jones Industrial Average fell 0.

stocks mixed at close of trade; Dow Jones Industrial Average down 0.President-elect Biden further restored hopes for further stimulus, insisting that the focus should be on budget spending to boost growth.

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