Trump stimulus flip bolsters US stocks

New York (AFP) – US stocks rebounded Wednesday after President Donald Trump appeared to reverse his decision to hold off on any new stimulus until after the November 3 election.Wall Street’s main indices had fallen sharply on Tuesday after Trump abruptly halted talks with Democrats on another stimulus package as the US economic recovery loses steam.The move came only hours after Federal Reserve Chair Jay Powell urged lawmakers to pass measures to boost the economy after it was hit hard by coronavirus shutdowns.But late Tuesday, Trump called for Congress to “immediately” pass stand-alone legisl…

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HEDGE accordingly