Open Modal
rita_face

On Air Now

The Rita Cosby Show
Weeknights 10PM-12AM
logo-1071-talkradio-png-2
rita_face

On Air Now

The Rita Cosby Show
Weeknights 10PM-12AM

Stocks rise as Trump tweets on stimulus keep market spinning

tax-loopholes-for-wall-streets-wealthiest-loom-in-house-bill

NEW YORK (AP) — Stocks are recovering Wednesday after President Donald Trump appeared to backtrack on his decision to halt talks on another rescue effort for the economy. The S&P 500 rose 1.3% in morning trading after Trump sent a series of tweets saying he’s open to sending out $1,200 payments to Americans, as well as limited programs to help airlines and small businesses. The tweets late Tuesday came just hours after Trump sent the market into a tailspin with his declaration to halt talks on a stimulus effort until after the election. Airlines and other stocks that most need the economy to strengthen lead the way.

 

WABC Top Stories

Loading...
sports_video_header3