U.S. stocks fought for gains as optimism about Congressional passage of a $900 billion COVID-19 relief bill countered concern about new variants of the virus.

U.S. stock futures were mixed Tuesday morning after Congress passed a $900 billion COVID-19 aid package. The Dow Jones Industrial Average dropped 0.28%, while the broader S&P 500 fell 0.13 percent after earlier gains. The tech-heavy Nasdaq rose 0.17%. The aid package will give a $600 direct payment to most Americans and an additional $300 per week of supplemental unemployment insurance through March. Paycheck Protection Program loans and COVID-19 vaccine rollouts are among the other programs that will receive funding.

For more news, please go to FoxBusiness.com and watch Fox Business Network.

More NewslettersUnsubscribePrivacy PolicyContact Us

©2020 Fox News Network, LLC. 1211 Avenue of the Americas, New York, NY, 10036. All Rights Reserved. Privacy Policy

Fox Business never sends unsolicited email. You received this email because you requested a subscription to Fox Business Breaking News Alerts from FoxBusiness.com