President Donald Trump’s health and the state of a fiscal stimulus package will be the main focus for markets in the coming week, CNBC reports. The market was helped by signs that a stimulus package is still a possibility, after House Speaker Nancy Pelosi asked airlines not to furlough workers. She promised either a stand alone aid bill, or a bigger negotiated relief legislation that would help the industry. Trump, however, is widely seen on Wall Street as stronger on the economy and better for markets. Powell is also expected to push for the stimulus package to boost the economy so the recovery does not stall.

Source: The Standard October 04, 2020 12:22 UTC