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U.S. stock futures fell in overnight trading on Tuesday after President Donald Trump expressed concerns about the new Covid-19 relief package which could delay the deployment of funds to struggling Americans.
Dow futures slipped 110 points. S&P 500 futures and Nasdaq 100 futures lost 0.5% and 0.4%, respectively.
Late on Tuesday, Trump called the new $900 billion Covid relief bill an unsuitable “disgrace” and admonished lawmakers to alter the bill’s contents, especially the amount allocated for direct payments to Americans. Trump did not threaten to veto to legislation but he asked to be sent a “suitable bill or else the next administration will have to deliver a Covid relief package.”
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Source cnbc.com
