Market Snapshot: Stocks trade lower, Nasdaq down 160 points in afternoon trade as Wall Street worries about gridlock in DC on fiscal stimulus

U.S. stock indexes trade lower Friday afternoon, as Wall Street awaits developments from Congress on coronavirus aid talks ahead of a deadline, while worrying that America’s economic recovery might hang in the balance.

U.S. stock indexes trade lower Friday afternoon, as Wall Street awaits developments from Congress on coronavirus aid talks ahead of a deadline, while worrying that America’s economic recovery might hang in the balance.