Comment on Global stocks gain after US lawmakers inch closer toward compromise on a $908 billion coronavirus relief plan

Global stocks gain after US lawmakers inch closer toward compromise on a $908 billion coronavirus relief plan

Mario Tama / Getty Images Global stocks rose on Friday as fresh talks on US coronavirus federal relief lifted investor sentiment.Senate Minority Leader Chuck Schumer and House Speaker Nancy Pelosi spoke on Thursday for the first time since the November election, adding momentum to talks on a $908 billion stimulus deal.Senate Majority Leader Mitch McConnell was said to be "heartened" that Democrats are stepping away from the $2.4 trillion proposal they made in October.Oil prices hit their highest since the pandemic began after the OPEC+ group agreed to increase output only gradually from January.Visit Business Insider's homepage for more stories.Global stocks rose on Friday after Democrat House Speaker Nancy Pelosi and Republican Senate Leader Mitch McConnell raised fresh hopes for a stimulus package to protect the US economy from the impact of a resurgence of the COVID-19 virus.Both leaders embraced a $908 billion coronavirus relief plan on Wednesday.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News