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Fiscal Cliff

7:59 a.m. Aug. 5, 2020 - By Michael Ashbaugh
Charting bullish follow-through: S&P 500 nails next resistance (3,328) Focus: Gold’s decisive break to record highs, GLD, VZ, CRM, RUN, CDEU.S. stocks are higher early Wednesday, rising amid optimism over a pending fiscal stimulus package and following a batch of well received earnings reports. Against this backdrop, the S&P 500 has extended its August breakout — rising to tag next resistance (3,328) — while the Nasdaq Composite continues to register record highs.
3:26 a.m. July 31, 2020 - By Rex Nutting
The government kept the economy afloat in the second quarter, so why are Republicans in a rush to pull the support away right before the election? A fiscal cliff looms as the coronavirus pandemic worsens and Election Day approachesGovernment relief checks are the only thing that’s kept tens millions of families from starving or from losing their homes. Why wouldn’t Republicans want to continue that support through the election?
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