Stocks End the Week on the Downside

Published: Sept. 18, 2020, 9:04 p.m.

9/18/2020  Beras/MM Closing Bell/Karr  Episode Title: Stocks End the Week on the Downside Episode Summary: Stocks,   GONG: :02 I’m Erika Beras with the Marketplace Minute. STORY 1 Stocks Ended the Week on the Downside The Dow was down nearly a percent.  The S&P and the NASDAQ were both down more than a percent. All three indexes were down for the week.  STORY 2 The Trump Administration will begin barring downloads and use of the apps TikTok and WeChat on Sunday.  U.S. officials say this is because of national security concerns - the apps are Chinese owned.   TikTok has 50 million daily active users in the U.S.  STORY 3 The U.S. Agriculture Department released details of a second round of Covid-19 aid for farmers, which will pay up to $14 billion dollars to producers of corn, soybeans, wheat, livestock, dairy and tobacco.  This follows a 19 billion dollar relief program in April. Less than 10 billion of that has been paid out to date.  STORY 4 Americans showed a bit more optimism in the latest survey of consumer sentiment from the University of Michigan...the index rose about five points.  CLOSE I’m Erika Beras with the Marketplace Minute.