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ASX set to fall as Wall Street dives on stimulus uncertainty, virus worries – Sydney Morning Herald

Wall Street’s main indexes have fallen to start the week as investors worried that they might not see a coronavirus economic stimulus deal before the November 3…

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Last week, the White House proposed a $US1.8 trillion ($2.6 trillion) stimulus package that Pelosi rejected because it fell short of her demand for $US2.2 trillion in aid.
“There’s a decent case that regardless of who wins if stimulus doesn’t happen before the election it’ll happen afterward,” said Mahajan but she added, “with (virus) cases rising again stimulus will be important.”
As Wisconsin battled one of the worst coronavirus surges in the United States, a judge on Monday reinstated restr…

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