The S&P 500 has taken a turn for the worst as the rug is pulled from under the bulls relying on Congressional progress relating to a further stimulus bill. In recent trade, the US Senate Majority Leader Mitch McConnell said that Republicans and Democrats are still very far apart on how much to spend on another coronavirus relief package. “Secretary Mnuchin and the Speaker are continuing to speak, but we’re very very far apart,” McConnell told reporters, referring to ongoing talks about coronavirus aid between Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi. McConnell also said Pelosi’s latest proposal of $2.2 trillion was “outlandish”. The S&P 500 has dropped 1.14% in late afternoon and continues to fall at the time of writing, printing close to the session lows of 3340, at 3354. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Treasury Secretary Mnuchin says made a lot of progress in meeting with Pelosi on coronavirus aid – Reuters FX Street 2 years The S&P 500 has taken a turn for the worst as the rug is pulled from under the bulls relying on Congressional progress relating to a further stimulus bill. In recent trade, the US Senate Majority Leader Mitch McConnell said that Republicans and Democrats are still very far apart on how much to spend on another coronavirus relief package. "Secretary Mnuchin and the Speaker are continuing to speak, but we’re very very far apart," McConnell told reporters, referring to ongoing talks about coronavirus aid between Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi. McConnell also said Pelosi's latest proposal of $2.2… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
