U.S. stocks seesaw as vote awaited on stimulus deal
NEW YORK (Reuters) – U.S stocks seesawed on Wednesday, digesting the previous session’s huge rebound, with investors torn as optimism about an imminent $2 trillion coronavirus package was offset by concerned about the lasting economic impact from the pandemic. [.N]
The S&P 500was up 1.17% and yields on U.S. treasury securities US10YT=RR US2YT=RR were mainly off as markets waited for senators to vote on a $2 trillion bipartisan package of legislation to alleviate the devastating economic impact of the coronavirus pandemic, hoping it will become law quickly.
The Senate was due to…