WH Chief of Staff Meadows: US Pres. Trump willing to look at counterproposal

Additional comments from White House Chief of Staff Mark Meadows’s Fox interview recently again crossed wires. In his latest remarks, the diplomat signaled that US President Donald Trump’s readiness to seal the coronavirus (COVID-19) stimulus deal if House Speaker Nancy Pelosi respects the administration’s position.

Key quotes

House majority leader McConnell willing to look at separate airline bill.

Trump would be willing to look at counterproposal if Pelosi came back with something closer to the administration’s position. 

Hope regeneron therapy proves to be a groundbreaking drug.

Market implications

 The news joins recently upbeat remarks from US President Trump to help S&P 500 Futures follow the Wall Street’s recovery moves. Though, trading sentiment remains cautious ahead of the US Vice Presidential Debate.