Stocks tried to build on last week's momentum even as lawmakers struggle to make inroads on a new coronavirus deal.
Over the weekend, President Donald Trump signed executive orders that continue the distribution of expanded unemployment benefits, defer student loan payments through 2020.
Still, Trump's orders face a legal challenge as continuing the programs would require federal funding, which Congress controls. "While this move by Trump may lead to legal challenges, politically it puts pressure on Congress to reach a deal," notes one market expert.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
5 things to know before the stock market opens MondayPresident 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:
Weiterlesen »
Chicago Closes Parts of Downtown Monday After Shooting Sparks LootingHundreds of looters descended on Chicago’s upscale Magnificent Mile and other shopping areas early Monday in what appeared to be orchestrated attacks that came hours after police exchanged gunfire with a suspect and shot him on the city’s South Side
Weiterlesen »
What you need to know about coronavirus on Monday, August 10Here's everything you need to know about the coronavirus pandemic today: 📩 Sign up to get the facts from CNN delivered to your inbox daily:
Weiterlesen »
Lebanon's government expected to step down Monday in wake of Beirut blast, sources sayLebanon's government is expected to step down on Monday, two government sources told CNN, less than a week after a massive explosion in Beirut killed more than 160 people and sparked days of violent protests.
Weiterlesen »
What's on TV Monday: 'POV: Phadke Family' on PBS; Shark WeekWhat's on TV Monday, Aug. 10: 'POV: Phadke Family' on PBS; Shark Week on Discovery; 'Surviving Jeffrey Epstein' finale
Weiterlesen »
5 things to know before the stock market opens MondayPresident 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:
Weiterlesen »