President Trump signed a series of executive orders over the weekend aimed at extending relief amid the coronavirus pandemic. Here are 5 things to know before the stock market opens today:
. Those orders continue the distribution of expanded unemployment benefits, defer student loan payments through 2020, extend a federal moratorium on evictions and provide a payroll tax holiday. To be sure, the unemployment benefit will be continued at $400 per week, down from the original $600-per-week rate. Trump also said states will need to cover 25% of the unemployment benefit.
US President Donald Trump speaks to the press in the Brady Briefing Room of the White House in Washington, DC, on August 5, 2020.3. China to sanction Sens. Ted Cruz and Marco Rubio, among overs, over U.S. actions on Hong Kongare among the 11 U.S. citizens who will be sanctioned in response to sanctions imposed by the U.S. on Hong Kong and Chinese officials accused of curbing political freedoms in the city. "In response to those wrong U.S.
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