On August 14th, novel coronavirus pneumonia was monitored by investors for the mixed economic data and the economic stimulus of the new crown pneumonia outbreak in Washington. The stock market remained stable on the same day. Among them,
although the S & P 500 index tried to break through the high point in February 2020 several times this week, none of them succeeded. Wall Street observers see this as a sign of market fatigue. What’s more, this week’s gains and falls were mainly between technology stocks and the economic restart beneficiaries.
on the same day, the U.S. Department of Commerce said retail sales rose 1.2% in July, lower than previously expected. But auto retail sales grew 1.9%, higher than the 1.2% previously expected. In addition, novel coronavirus pneumonia negotiations in the new round of economic stimulus plan almost deadlocked in Washington. Economists believe that, given the current stalemate, the possibility of any additional financial support from consumers in August has been minimal, and the prospects for September will be highly dependent on the new fiscal policy. (CCTV reporter Xu Dezhi)