US stocks drop on Monday on coronavirus fears, European banks, Alibaba’s push into grocery delivery
FT News Briefing
00:00
Stimulus Talks and Market Reactions Amid Rising COVID-19 Concerns
This chapter examines the gridlock in Washington over stimulus negotiations, focusing on the conflicting priorities of House Democrats and the White House. It also addresses the impact of rising coronavirus cases on market confidence, culminating in a notable decline of the S&P 500 despite momentary optimism from lawmakers.
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Transcript
