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Markets digest Fed’s message, pandemic remains in focus

Coronavirus-related uncertainty pushed Wall Street stocks marginally lower on Tuesday while the overall trend remained bullish amid the ongoing vaccine rollout and expectations of more economic stimulus. Of note, Senate Democratic leader Chuck Schumer said on Tuesday that Democrats will move forward on Biden’s relief plan without Republican support if necessary. As a result, the S&P 500 lost 0.15%, the Dow Jones Industrial Average while the tech-heavy Nasdaq Composite shed 0.07% each.