(CNN) Poll of the week: A new ABC News/Washington Post poll from Minnesota finds Democratic presidential nominee Joe Biden with a 57% to 41% lead over President Donald Trump among likely voters. Two other Minnesota polls released over the last few weeks by CBS News/YouGov and New York Times/Siena College have Biden up by nine points. What's the point: The Trump campaign has made a significant investment into turning Minnesota red, after Trump lost it by 1.5 points in 2016.
On Thursday, US stocks fell 320 points. The drop comes even as weekly jobless-claims data came in better than expected. Business Insider reports that weekly jobless claims fell by more than 30,000 from the previous week, to 860,000. Tech stocks led the decline. Investors continued to process Federal Reserve Chairman Jerome Powell's comments expressing uncertainty about the economic recovery. Powell also said the Fed didn't expect to raise interest rates until at least 2023.
On Thursday, US stocks sank in turbulent trading. Falling tech giants dragged on benchmark indexes. Tech names had rebounded on Wednesday. However, they resumed their downward spiral as investors shunned their still lofty valuations. Traders also mulled weekly jobless-claims data that signaled lasting pain in the US labor market. Jobless claims totaled 884,000 for the week that ended on Saturday, missing the economist estimate of 850,000.
US stocks climbed on Wednesday with the S&P 500 and Nasdaq composite extending records. According to Business Insider, both indexes closed at all-time highs on Tuesday. The rally was partly spurred by sectors that have underperformed in 2020, including utilities and financials. Traders are closely watching for signs that Congress will sign on for another pandemic stimulus bill soon. Treasury Secretary Steven Mnuchin on Tuesday encouraged Congress to pass stimulus measures.
The bull market kept rolling along Friday with the S&P 500 and Nasdaq once again closing at record heights and the Dow made progress by erasing all of its losses for the year. Conway G. Gittens has the details
Parliamentary Affairs Minister, Pralhad Joshi lashed out at opposition for creating ruckus over passing of two crucial farm bills in Rajya Sabha. He accused them of murdering the democracy and insulting people's mandate. Joshi said, "Opposition murdered democracy. We condemn this. This is an insult to people's mandate. Congress and TMC think they are the 'Badshahs'. The ruling party and the government will not budge to this."
The opposition parties are going to oppose the new agriculture bills in Rajya Sabha today. Dravida Munnetra Kazhagam (DMK) Member of Parliamment (MP), TKS Elangovan said, "This bill is anti-farmer, we will definitely oppose the bill in Rajya Sabha". "Government is throwing the farmers at the mercy of co-operates. We are opposed to these bills," said KK Ragesh, Communist Party of India (Marxist) Member of Parliament. "This is very clear that this government's motive is to destroy our farmers and help the corporate sector. Our party has decided to oppose agriculture bills. Government has to reconsider the bills, at least they should have sent it to select committee," Congress MP KC Venugopal
More than 20 pro-democracy activists have appeared in a Hong Kong court accused of joining or organising a gathering on June 4 to mark the 1989 Tiananmen Square massacre - the gathering was prohibited due to the coronavirus pandemic.
Credit: Al Jazeera STUDIO Duration: 02:30Published