After a brief gain, stocks were mostly flat on Tuesday, as investors continue to close out positions for the New Year and after President Donald Trump signed into law the $900 billion coronavirus economic stimulus package. Wall Street set fresh records on Monday after Trump signed the bill, helping to stanch uncertainty as governments reimpose pandemic-fighting travel and business curbs weighing on global economic activity. It combines $900 billion in COVID-19 aid with a $1.4 trillion spending bill and reams of other legislation on taxes, energy, education and health care. The S&P 500 was up 0.1% as of 11 a.m. Eastern, with health care stocks being among the gainers while energy and consumer discretionary stocks fell. This story has been published from a wire agency feed without modifications to the text.

Source: Mint December 29, 2020 16:18 UTC