S&P, Nasdaq close higher in choppy trading as investors bet on stimulus

Topics Wall Street | US stocks | S&P 500

The S&P 500 and Nasdaq closed modestly higher on Friday in choppy trading, with investors keeping a close eye on negotiations on a US stimulus package that would ease the economic shock caused by the coronavirus pandemic. The Dow ended lower on the day, moving within tight ranges.

Uncertainty over the timeline of the relief legislation has been weighing on Wall Street's major indexes in recent sessions, with all three indexes posting declines for the week. US House Speaker Nancy Pelosi said it still was possible to get.

This article is no longer available in our repository.

There could be multiple reasons for this.