US House Speaker Nancy Pelosi said on Friday that the next coronavirus response will be ready soon and added that there will not be a bill without the aid to state and local governments.
“The next coronavirus response bill will be expensive,” Pelosi added.
Market reaction
Although Wall Street’s main indexes staged a recovery in the last hour, they continue to have a tough time building momentum. As of writing, the Dow Jones Industrial Average was flat on the day at 23,514 points while the S&P 500 and the Nasdaq Composite were up 0.25% and 0.4%, respectively.
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