CNBC: Fed’s Evans says he’s getting a little nervous about going too far, too fast with rate hikes
CNBC reports: Chicago Federal Reserve President Charles Evans says he’s feeling apprehensive about the U.S. central ...
… with one day left until Pelosi’s stimulus deadline.
Stocks fell sharply on Monday ahead of a key deadline set by House Speaker Nancy Pelosi to reach a deal on new coronavirus stimulus before the election while Covid-19 cases rise.
The Dow Jones Industrial Average closed 410.89 points lower, or 1.4%, at 28,195.42. Earlier in the day, the 30-stock average was up more than 100 points. The S&P 500 dropped 1.6% to close at 3,426.92 and the Nasdaq Composite pulled back 1.7% to 11,478.88.
Shares of Big Tech ...