U.S. stocks rose Monday when investors turned to the big gains expected this week and awaited the GOP coronavirus stimulus plan.
Gold reached a record as the accumulation of coronavirus cases added to economic uncertainty in the United States and around the world.
This is where the U.S. indexes. At 12:15 p.m. And on Monday:
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Investors are also largely seeing progress similar to the GOP coronavirus recovery plan, which is expected to come Monday. Over the weekend, the additional $600 weekly unemployment outcathed the benefits without an established plan, leaving millions of Americans unemployed without the extra money.
On Sunday, Treasury Secretary Steven Mnuchin said he saw no explanation for why Talks between Republicans and Democrats about the bill can move quickly.
Moderna’s shares rose after the company said it earned another $472 million in investment for its coronavirus vaccine. Phase 3 trials of the experimental vaccine begin on Monday. Under Armour fell after two executives won Wells’ sec notifications.
New cases of coronavirus continue to accumulate in the United States and around the world, threatening a strong economic recovery from the pandemic recession. Cases in the United States increased to more than 4.2 million, while global instances exceeded 16.2 million, according to Johns Hopkins University’s knowledge.
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