US Stocks Dip Lower Over Stimulus Deal Talks
- 4 years ago
US stocks dipped slightly on Wednesday as investors weighed the latest stimulus talk developments.
House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin failed to reach a deal before the deadline.
According to Business Insider, the two are now working to finalize a proposal before the weekend.
Senate Democrats rejected Republicans' $500 billion "skinny bill," leaving both parties stuck in a deadlock.
Disagreements over a relief bill are still significant between the Republicans and Democrats.
The White House recently offered a $1.9 trillion bill, coming in well below Democrats' $2.2 trillion package.
House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin failed to reach a deal before the deadline.
According to Business Insider, the two are now working to finalize a proposal before the weekend.
Senate Democrats rejected Republicans' $500 billion "skinny bill," leaving both parties stuck in a deadlock.
Disagreements over a relief bill are still significant between the Republicans and Democrats.
The White House recently offered a $1.9 trillion bill, coming in well below Democrats' $2.2 trillion package.