Record $2trn virus relief clears Senate hurdle but stocks sink again

Stock markets are on course for a fresh sell-off, unwinding two days of recovery, despite the $2trn (£1.7trn) US coronavirus relief scheme clearing its first hurdle.

The package of federal government help for the world’s largest economy to battle disruption caused by COVID-19 overcame last minute Democrat opposition to secure passage in a Senate vote overnight.

The House
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