US stocks open mixed

Economies.com
2020-10-23 14:04PM UTC

The major US stock saw a mixed opening on Friday, after the release of positive data, amid broad anticipation of the latest developments in the ongoing talks about the US second Covid-19 aid deal.

 

The US manufacturing PMI rose slightly to 53.5 points in October, on par with market forecasts, from 53.2 points in September.

 

Ms. Pelosi stated that progress was made during negotiations with the White House and they're "just about there" on reaching the second Covid-19 stimulus deal, but warned that it’ll take a while to write the bill.

 

As for stocks, Dow Jones rose 0.1% or 15 points to 28,380 as of 15:02 GMT, and S&P 500 rose 0.1% or 4 points to 3,458, while Nasdaq fell 0.4% or 50 points to 11,455.

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