Markets

US stocks close mixed as stimulus optimism clashes with new virus strain

US stocks closed mixed on Tuesday after Congress passed a multitrillion-dollar spending bill that includes $US900 billion in new stimulus. The package, which also funds the government through September 30, includes $US600 direct payments, $US300 in additional federal unemployment benefits, and aid for small businesses. The fresh fiscal support locked […]
US stocks close mixed as stimulus optimism clashes with new virus strain
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Germany says it dealt with COVID-19 so well that some people doubted the virus’ existence, and broke the rules. It just reported its highest daily death toll, at 487.

Germany’s successful response to the first wave of COVID-19 meant it became harder to control the virus later on, the head of its public health agency said Thursday. Some people even began to doubt the virus’ existence, he said, calling it a “prevention paradox.” People aren’t taking social distancing guidelines […]
Germany says it dealt with COVID-19 so well that some people doubted the virus’ existence, and broke the rules. It just reported its highest daily death toll, at 487.
Markets

US stocks climb as investors weigh political clarity against virus risks

US stocks gained on Friday as hopes for a peaceful transition to the Biden administration offset concerns about rising COVID-19 cases. President Trump said Thursday that, should the Electoral College rule President-elect Joe Biden the winner of the 2020 election, he’ll hand over his power. The US reported 125,082 new […]
US stocks climb as investors weigh political clarity against virus risks