- The market is gaining some traction in late trading amid a flurry of conflicting fiscal stimulus headlines.
- The S&P (SP500) is up 0.4%, approaching the highs hit this morning. The Nasdaq (COMP) is up 0.4% and the Dow (DJI) is up 0.1%.
- House Speaker Nancy Pelosi says there is still a chance of a deal on a COVID-19 rescue package. GOP Senators are expressing continued discomfort with the size of deal Democrats and the White House are discussing. And money to states and local governments remains a sticking point.
- Twitter, Facebook and Google continue to push the Communications Services (NYSEARCA:XLC) sector higher, up more than 2%.
- Netflix remains the worst performer in the S&P, along with a host of energy names.