Stocks gave up some of their morning gains on Thursday, but remained in the green in afternoon trading.
House Speaker Nancy Pelosi said earlier that she wouldn’t support a narrower stimulus bill including targeted aid for airlines. It remains all or nothing for a fiscal and coronavirus relief package, with party leaders still far apart on its size and scope.
Indexes across the globe were still holding on to modest gains, however, helped by a number of incrementally positive factors.
There was reason for optimism on the Covid-19 vaccine and treatment front, with President Donald Trump touting
’ (ticker: REGN) antibody cocktail and the company saying it would seek emergency use authorization. And betting odds of a Democratic election victory in November ticked higher