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Equity traders appear willing to have one last dance at the “fiscal stimulus” ball, swaying to any tune that hints at a US fiscal stimulus package being agreed to before the November 3 presidential elections. Going by the latest comments from House Speaker Nancy Pelosi, who’s hopeful that an agreement could be reached, US equities are keeping the faith that the White House and Democrats can agree to a fresh round of fiscal stimulus by the weekend.After the S&P 500 climbed 0.47 percent on Tuesday, the futures contracts are trying to end a run of six straight days of declines. This... Read More
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