- US coronavirus aid package remains in Congressional gridlock
- Chinese and US trade representatives meet this weekend regarding Phase 1
- SPX closed 0.2% from record
KEY EVENTS
Contracts for the four major US indices—the S&P 500, Dow Jones, NASDAQ and Russell 2000—wavered on Thursday and European stocks headed lower as a resolution to the US coronavirus relief package standoff remains mired in politics and markets await today's US jobless data.
The dollar extended a decline and oil advanced.
GLOBAL FINANCIAL AFFAIRS
US futures edged lower the morning after the S&P 500 finished a mere 0.2% from its highest point on record yesterday.
The Stoxx Europe 600 Index opened lower, pulled down by bank shares and mining stocks. Dutch insurer Aegon (AS:AEGN) plummeted 12% after it missed revenue estimates. Earnings were down 31% for the first half of 2020 prompting the company to cut its dividend by 67%.
AEGN Monthly
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