No Stimulus Plus Elections Expect Market Volatility

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House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on Monday failed again to close major differences on a fresh stimulus for a U.S. economy.

The three-month impasse has increased concerns about the U.S. recovery faltering, with the impact of a March stimulus package having long since faded.

Investor concern sent stocks tumbling, with the S&P 500 Index headed to its biggest drop since early September.

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