The S&P 500 could fall at least another 7% without stimulus bill, BTIG says

U.S. President Donald Trump speaks at the White House after returning from hospitalization at the Walter Reed Medical Center for coronavirus disease (COVID-19) treatment, in Washington, October 5, 2020, in this still image from video posted on Trump's Twitter page.
@realDonaldTrump | via Reuters

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President Donald Trump abruptly halted stimulus talks until after the election, causing a sudden drop in stocks on Tuesday. BTIG believes the sell-off is nowhere near finished.