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Dow battles to protect 20K as Congress crafts 3rd coronavirus stimulus

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www.fox29.com

NEW YORK - U.S. equity markets see-sawed between gains and losses Friday as lawmakers continued to work towards hammering out a third coronavirus stimulus package.

The measure would guarantee low-interest loans for small businesses, give cash payments to most Americans, provide loans to the industries hardest hit by the virus-related slowdown and extend funding to hospitals and medical centers. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates The Dow Jones Industrial Average struggled to stay above 20,000, the benchmark it touched in the first year of President Trump's administration, after slipping 50 points, or 0.25 percent in early trading while the S&P 500 dropped 0.6 percent.

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