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US stocks at risk of impasse on fiscal deal

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Published Sun, Sep 20, 2020 · 09:50 PM

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    THE nascent stock market recovery may be in jeopardy unless Republicans and Democrats take a break from the US presidential election season and strike a fiscal deal.

    US stocks fell last week for the third straight week as economic stimulus negotiations stalled and the flight from "mega cap" tech stocks continued.

    The stock market rose last Wednesday after the Federal Reserve made a highly unusual statement of intent.

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    US stocksUS politicsEconomic stimulus

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