MARKET OPEN: Better night on Wall Street to help sentiment

Fri, 25 Sep 2020

The local market may trade in positive territory after Wall Street recovered some of its losses on renewed hopes of further coronavirus-related fiscal stimulus from Congress.House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin both raised the prospect of resuming negotiations on another economic stimulus package, Bloomberg reported.“If the Democrats are willing to sit down, I’m willing to sit down anytime for bipartisan legislation. Let’s pass something quickly,” Mnuchin said during a Senate Banking Committee...

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