Finance

Stocks set to fall a second day after Trump halts stimulus talks

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U.S. stock futures moved lower in overnight trading on Tuesday after President Donald Trump called off stimulus talks until after the November election. 

Dow futures fell 60 points. S&P 500 futures and Nasdaq 100 futures fell 0.3% and 0.2%, respectively.

In regular trading on Tuesday, the Dow Jones Industrial Average closed down 375 points after Trump tweeted the White House is halting talks with Democrats about a second coronavirus stimulus deal. Earlier in the session, stocks rallied in hopes that there would be a second relief package to prop up markets as the coronavirus outbreak rages on.

“I have instructed my representatives to stop negotiating until after the election when,…



Source cnbc.com

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