Business
ASX to slip, US stocks fade on mixed bank earnings – The Australian Financial Review
Australian shares are poised to open lower, with sentiment dented by the US stimulus stalemate. RBA’s Lowe speech, jobs data on agenda.
US House of Representatives Speaker Nancy Pelosi and Mnuchin had a productive discussion about relief proposals, but the administrations lack of a national strategic testing plan remained a major area of disagreement, a Pelosi spokesman said. They will speak again on Thursday, he added.
The market is a little worried about not having that extra support for the next couple of months into the holidays, said Thomas Hayes, chairman at Great Hill Capital LLC in New York.
Earnings were mixed with Go…
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