Shares are ending slightly lower as investors await Biden’s stimulus plan

Stocks gave up early gains to end a little lower on Thursday as investors awaited the rollout of President-elect Joe Biden’s plan for another large-scale federal spending round to beat an economy suffering from renewed COVID numbers. -19 cases. The Dow Jones Industrial Average DJIA,
-0.22%
ended with a loss of about 69 points, or 0.2%, close to 30,992, according to preliminary figures, while the S&P 500 SPX,
-0.38%
gave up 14 points, or 0.4%, and finished close to 3,796. The Nasdaq Composite COMP,
-0.12%
closed at around 13,113, about 16 points, or 0.1%. Biden is expected to unveil a spending plan Thursday night that could reach close to $ 2 trillion, according to news reports, including another round of checks direct to households. Ahead of Thursday’s opening bubble, the data showed a larger-than-expected jump in the number of first-time jobless claims.

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