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Wall Street opens in red as the US debates its "pathetic" round of stimuli


Wall street starts the session on Tuesday with falls (of up to 0.6%) in its main indexes, waiting for great business results and with its eyes on that negotiation of the "pathetic" package of measures to stimulate the economy. Quoting leaves it Nancy Pelosi, president of the House of Representatives, anticipating what will be another arduous round of negotiations.

Republicans are 'only' willing to negotiate a $ 1 trillion injection into the world's largest economy, a figure far removed from the more than 3 billion that the Democrats were asking for.

This new round of measures would include a $ 1,200 check that most Americans could benefit from, if they meet a number of requirements. Another underpinning of this package is coverage of 70% of the wages of the unemployed.

On the business front, McDonald's He has led the presentation of results before the bell and has disappointed with a sharp drop in his income. At the close of the market it will be the turn of other companies such as Visa, eBay, Mondelez and Starbucks.

In terms of monetary policy, the Fed begins its two-day meeting on Tuesday, followed by a new interest rate decision that will be announced on Wednesday.

On the other side of the Atlantic, the Ibex deflates as it faces the first weekly avalanche of results. Finally, in Asia, the stock markets have closed green, led by the gains of South Korea.

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