NEW YORK (AP-AFX) – The preliminary blockade of another billion dollar package for the US economy stalled the record hunt on Wall Street on Tuesday. Although the leading index Dow Jones Industrial (Dow Jones 30 Industrial) rose to another record high of 30,589 points in the first few minutes of trading, it then turned into the red, which was 0.22 percent to 30,335.67 points at the closing bell.
On Monday, the US House of Representatives voted to increase the corona aid payments to citizens. That had fueled the price rally again. On this Tuesday, however, the attempt to have a quick vote on this in the US Senate failed. The Republican majority leader Mitch McConnell initially blocked this project. McConnell put the Democrats off, saying the Senate would “begin a process” this week to address this, along with two other President’s concerns.
The S&P 500 was down 0.22 percent to 3727.04 points. The tech-heavy NASDAQ 100 closed 0.04 percent higher to 12,843.49 points. Like the Dow, these two stock market barometers had soared to historic highs in early trading ./bek/fba
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