TELETRADER News
12/22/2020, 10:00 PM (Source: TeleTrader)
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US closes mostly lower despite long-awaited COVID relief

Shares on the major stock market indexes in the United States ended the session mostly below the flatline on Tuesday despite the fact that the US Senate passed the coronavirus stimulus package which the White House and the House Democrats couldn't agree on for months.

US President-elect Joe Biden asserted that the country will need more money to tackle the crisis caused by the pandemic, while the US Centers for Disease Control and Prevention warned that the new, reportedly more easily spread, COVID strain could already be in the country "without it having been detected" yet.

The Dow Jones Industrial Average dropped 0.67% or 200 points as the session came to a close with Walgreens Boots Alliance plunging 3.44%. The Nasdaq 100 went up by 0.22% at the closing bell as Workday surged 6.35%. The S&P 500 finished the session 0.21% in the red with CarMax tumbling 8.09%. The euro dipped 0.61% versus the dollar, selling for 1.21588 at 3:58 pm ET.

Breaking the News / BU