Early this week, President Donald Trump announced that he would be calling off talks regarding the next stimulus check. The check, which is meant to help Americans in the wake of the COVID-19 pandemic, does not seem to be coming any time soon. This is bad news not only for the stocks, which plunged after Trump's announcement, but also for the millions of Americans who are out unemployed as a result of the pandemic. Shares of Boeing dropped significantly amid uncertainty about the future of airline travel and the future of the American economy as a whole. House Speaker Nancy Pelosi accused the president of putting "himself first at the expense of the country." This drop in stocks comes immediately after a significant upward trend on Monday following the news of Trump's improving health, demonstrating just how precarious the American economy is at this present moment in time.
https://www.cnbc.com/2020/10/05/stock-market-futures-open-to-close-news.html
Rola Goke-Pariola
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