What to watch today: Dow headed for steady open after Capitol Hill finally delivers on stimulus

  • Date: 22-Dec-2020
  • Source: CNBC
  • Sector:Economy
  • Country:Middle East
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What to watch today: Dow headed for steady open after Capitol Hill finally delivers on stimulus

BY THE NUMBERSIN THE NEWS TODAYBoth chambers of Congress also passed a seven-day stopgap spending bill to keep the federal government open during the time it takes Trump to sign the stimulus and funding package. The pandemic aid, which had been stalled for months and months, includes a $300-per-week federal unemployment supplement through mid-March and $600 in direct payments to most Americans. (CNBC)* Stimulus bill won't extend payment pause for student loan borrowers (CNBC)The U.S. is looking into why a handful of people have suffered severe allergic reactions shortly after receiving the Pfizer-BioNTech Covid vaccines, a National Institute of Allergy and Infectious Diseases official told CNBC on Monday. The study, in the early planning phases, is expected to include several hundred people who have a history of severe allergic reactions.The study comes as the government began distributing Pfizer's vaccine last week and Moderna's this week. Both vaccines, approved by the FDA for emergency use, employ a new approach to inoculations using genetic material to provoke an immune response. Dr. Anthony Fauci gets his first shot of Moderna's vaccine Tuesday, a day after President-elect Joe Biden got the Pfizer shot. (USA Today)BioNTech CEO Ugur Sahin said Tuesday he's confident the vaccine