ToplineThe S&P 500 posted its second week of losses this month as last-minute uncertainty remains over whether a long-awaited Covid relief package will land a signature from President Donald Trump before a Monday government shutdown deadline. Key BackgroundPresident Trump blasted the Covid relief package in a video posted to Twitter Tuesday evening, calling it a "disgrace." "It's called the Covid relief bill, but it has almost nothing to do with Covid," President Trump said Tuesday. The government will shut down if a spending bill is not signed into law by December 28. What To Watch ForThe U.S. stock market closed Thursday at 1 p.m. EST and reopens Monday for a four-day trading week.

Source: Forbes December 24, 2020 14:42 UTC