United Airline's stock gained 1.2%, and American Airlines shares rose 2.4%, but only after a turbulent day of ups and downs. Amazon, Microsoft, Apple, Netflix, Facebook and Google's parent company alone accounted for the bulk of the S&P 500's gain. Investors say another round of economic aid from Congress is crucial given the slowdowns already seen. Mnuchin and Pelosi have worked effectively together in the past, and they helped drive through the previous economic rescue approved by Congress in March. In other trading, U.S. benchmark crude lost 43 cents to $38.29 per barrel in electronic trading on the New York Mercantile Exchange.

Source: Daily Sun October 02, 2020 02:37 UTC