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Wall Street claws back more of its losses on stimulus hopes - Black News Channel

  • Oct 5, 2020
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By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are rising Monday, as hopes for economic aid from Washington help Wall Street shake off its initial reaction to sell after President Donald Trump tested positive for the coronavirus. The S&P 500 was 1.1% higher in morning trading, with raw-material producers and other companies that most need a strengthening economy rising to some of the biggest gains. Treasury yields, stocks overseas and oil were all climbing after Trump and House Speaker Nancy Pelosi both noted the importance over the weekend of additional support for the economy. Trump's doctors also […]

The post Wall Street claws back more of its losses on stimulus hopes appeared first on Black News Channel.

Source: Black News Channel - Black News Channel
This Black Fact was brought to you by Concerned Black Men of Massachusetts

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