October 19, 2020

US stocks are on pace for their worst performance in 2-weeks as equities plunged in reaction to more news of a stalemate between Congressional Dems and the White House regarding pre-election stimulus aid. The S&P 500 and Nasdaq are both down about 1.5% heading into the last half hour of trading and the Dow is down 400 points. Gold rose as high as $1916 today as the US dollar weakened, but has since retreated to the $1900 level.