Posted on 08/04/20
| News Source: FOX Business
The Dow Jones Industrial Average gained more than 165 points, or 0.62 percent, and the S&P 500 gained 0.36 percent. The tech-heavy Nasdaq rose 0.35 percent and secured another record for the 30th time this year and 156th time under President Trump.
Democrats and Republicans "remain far apart on a number of issues. But we're finally moving in the right direction," Minority Leader Chuck Schumer, the Senate's top Democrat, said on the chamber floor earlier in the session, according to Reuters. "At the moment, the gap between our two parties in the negotiations is about priorities and about scale."
GOP leaders want to cut the payment to $200, arguing that the higher amount prompts lower-paid workers not to return to their jobs. Read more at FOX Business