Wall Street Tumbles As Investors Just Weren't Happy About Anything
Wochit Business
2020-10-13
Views 3
Wall Street saw US stocks slide on Tuesday, as fiscal stimulus negotiations lurched into stalemate territory.
According to Business Insider, initial results of the third-quarter earnings season kick-off from banks like Citigroup and JPMorgan also failed to impress investors.
Apple announced its new iPhone 12 lineup--the tech giant's first major redesign of its flagship product in over 3 years. It didn't go over well: Apple's stock slid, too.
And even gold, the ever-popular commodity, fell as much as 1.9%, to $1,886.54 per ounce.
However, a breakthrough in stimulus talks could be near, as Senate Majority Leader Mitch McConnell signaled support for passing a deal prior to the upcoming election.
According to Business Insider, initial results of the third-quarter earnings season kick-off from banks like Citigroup and JPMorgan also failed to impress investors.
Apple announced its new iPhone 12 lineup--the tech giant's first major redesign of its flagship product in over 3 years. It didn't go over well: Apple's stock slid, too.
And even gold, the ever-popular commodity, fell as much as 1.9%, to $1,886.54 per ounce.
However, a breakthrough in stimulus talks could be near, as Senate Majority Leader Mitch McConnell signaled support for passing a deal prior to the upcoming election.
Report form
RELATED VIDEOS
