⁍ Wall Street advanced and crude prices surged on Thursday as reports continued to surface of new developments in pandemic relief negotiations in Washington.
⁍ U.S. House Speaker Nancy Pelosi said on Thursday legislation to help airline companies survive the pandemic could only move through Congress with guarantees that lawmakers would work on ‘a fuller bill’
Senate Leader Mitch McConnell, meanwhile, warned there remain ‘vast differences’ between Democrats and Republicans regarding the size of a new round of fiscal aid.
– The stock market got off to a solid start on Thursday, with the Dow rising more than 100 points in the first half-hour of trading. The S&P 500 and Nasdaq also were up in the first half-hour, per Reuters. Markets in Europe and Asia were higher in early trading.
Source: https://www.reuters.com/article/us-global-markets/wall-street-gains-crude-settles-higher-on-signs-of-pandemic-aid-talks-progress-idUSKBN26S3O0