Stocks fall after Trump says he is 'rejecting' House Democrats' $2.4 trillion stimulus proposal
Stocks fell Tuesday after President Donald Trump said he opposed House Democrats’ $2.4 trillion virus relief proposal, effectively stamping out hopes that another round of fiscal stimulus to aid the virus-stricken economy would come before the election.
“We made a very generous offer of $1.6 Trillion Dollars and, as usual, she is not negotiating in good faith,” Trump wrote in a Twitter post Tuesday afternoon. “I am rejecting their.. ... request, and looking to the future of our Country. I have instructed my representatives to stop negotiating until after the...