Dow Surges After Wild Debate
Wochit Entertainment
2020-09-30
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On Wednesday, US stocks climbed as investors woke up to a disorderly presidential debate.
The debate revived concerns of a disputed election result.
Premarket futures traded negative until Treasury Secretary Steven Mnuchin told CNBC that he expected to reach a stimulus deal with House Speaker Nancy Pelosi.
Business Insider reports that all three major US indexes opened in positive territory.
Still, the S&P 500 is on track for its first monthly loss since March.
US private firms added 749,000 payrolls last month, handily beating the median economist estimate of 649,000 payrolls.
The debate revived concerns of a disputed election result.
Premarket futures traded negative until Treasury Secretary Steven Mnuchin told CNBC that he expected to reach a stimulus deal with House Speaker Nancy Pelosi.
Business Insider reports that all three major US indexes opened in positive territory.
Still, the S&P 500 is on track for its first monthly loss since March.
US private firms added 749,000 payrolls last month, handily beating the median economist estimate of 649,000 payrolls.
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