Connect with us

Business

Wall Street ends down in volatile trade as US stimulus talks drag on and lower greenback drives Aussie dollar surge – ABC News

US stocks end lower in volatile trade as negotiations continue for a new round of coronavirus before the US presidential election, while the Australian dollar surges…

Published

on

post featured image
ADVERTISEMENT

The Australian dollar has jumped by more than 1 per cent overnight as the greenback hit a seven-week low as negotiations over new US coronavirus relief dragged on, which saw US stocks sold off after a volatile session.
Key points:

  • US House speaker Nancy Pelosi is hopeful for a stimulus deal, but says it may not come until after US elections
  • The Dow Jones was down 0.4 per cent to 28,211, S&P 500 was down 0.2 per cent to 3,436
  • The Australian dollar vaulted above 71 US cents on the weak greenback

All…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Back to work! HWL Ebsworth float called off – The Australian Financial Review
post featured image
Australian sharemarket eases as investors cash in after strong month – NEWS.com.au
post featured image
2021 Toyota GR Yaris Rallye price and specs: $56200 drive-away for the first 200 cars – CarAdvice