The Dow fell 150 points today after Senate Republicans unveiled the coronavirus relief bill by skleb1234
The Dow Jones Industrial Average was down 0.7%, nearly 200 points, at Tuesday’s open, while the S&P 500 fell 0.5% and the tech-heavy Nasdaq Composite lost 0.7%.
The market opened lower after McDonald’s said that revenue fell 30% last quarter, while mask maker 3M posted worse-than-expected earnings and revenue. Investors continued to assess the latest coronavirus relief bill unveiled by Senate Republicans late on Monday, titled the Heath, Economic Assistance, Liability Protection and Schools Act.a second round of $1,200 stimulus checks and more funds for small business loans in the Paycheck Protection Program.the $600-per-week federal unemployment supplement, which states stopped paying out this week, to be replaced with a 70% wage replacement program.
to the closure of its consulate in Houston earlier this week by ordering the U.S. to close its consulate in Chengdu.
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