ZTCOF - Wall Street Breakfast: Gap Narrows On Stimulus
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Gap narrows on stimulusHouse Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin appear to be making progress in their latest coronavirus stimulus talks. The pair "continued to narrow their differences," according to a spokesman for Pelosi, who "hopes that, by the end of the day Tuesday, we will have clarity on whether we will be able to pass a bill before the election." U.S. stock index futures climbed around 0.6% overnight following the announcement, after suffering a broad decline during Monday's session. On the earnings front today, reports will be headlined by Procter & Gamble (PG), Snap (SNAP) and Netflix (NFLX). Moderna not far behind Pfizer vaccine timeline The U.S. could authorize emergency use of Moderna's (NASDAQ:MRNA) experimental COVID-19 vaccine in December, according to CEO Stéphane
For further details see:
Wall Street Breakfast: Gap Narrows On Stimulus