- US equities wavered on Friday as investors looked to Capitol Hill for the final language of a new economic relief bill.
- Congress has until midnight to agree on a stimulus deal before government funding lapses. Senate Majority Leader Mitch McConnell said Thursday that although a deal "appears to be close at hand," lawmakers would likely $4.
- The $900 billion stimulus package is set to include a round of $600 direct payments, funding for the Paycheck Protection Program, and bolstered federal unemployment benefits.
- The undramatic open came after all three major stock indexes $4 on Thursday.
- $4.
US stocks hovered near record highs on Friday as investors waited on legislators to iron out the details of a fiscal stimulus package.
Congress has hours to finalize a new relief package before government funding lapses at midnight. If lawmakers can't reach a deal, they're set to pass a short-term funding bill for the second week in a row to continue stimulus talks into Christmas week.
A bipartisan deal "appears to be close at hand," Senate Majority Leader Mitch McConnell said Thursday, adding that it's "$4" lawmakers will work through the weekend to finalize the measure's language.
Here's where US indexes stood shortly after the 9:30 a.m. ET open on Friday:
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The $900 billion relief package is set to include a round of $600 direct payments, funding for the Paycheck Protection Program, and bolstered federal unemployment benefits.
The tepid session came after the
In other encouraging news, Food and Drug Administration advisors endorsed $4 coronavirus vaccine on Thursday evening, moving the shot closer to an emergency use authorization. The FDA authorized $4 shot last week.
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Friday is the last trading day before $4 joins the S&P 500 index. Goldman Sachs strategists said in a recent note that although the automaker's inclusion would have a notable impact on the benchmark's performance, it wouldn't make the S&P 500 $4.
$4 after shareholders moved to sell as many as 113 million shares. A regulatory filing detailing the plans didn't specify when the sales might begin.
Bitcoin hovered below $23,000 after $4 of $23,770.85 on Thursday.
Gold edged 0.2% higher, to $1,889.79 per ounce, at intraday highs. The US dollar strengthened against a basket of Group-of-10 currencies, and Treasury yields dipped.
Oil prices gained slightly amid hopes that stimulus could boost demand. $4 rose as much as 0.4%, to $48.54 per barrel. $4, oil's international benchmark, jumped 0.2%, to $51.60 per barrel, at intraday highs.
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