9/18/2020 
Beras/MM Closing Bell/Karr 

Episode Title: Stocks End the Week on the Downside
Episode Summary: Stocks,  

GONG:
:02
I’m Erika Beras with the Marketplace Minute.

STORY 1
Stocks Ended the Week on the Downside

The Dow was down nearly a percent. 

The S&P and the NASDAQ were both down more than a percent.

All three indexes were down for the week. 

STORY 2

The Trump Administration will begin barring downloads and use of the apps TikTok and WeChat on Sunday. 

U.S. officials say this is because of national security concerns - the apps are Chinese owned.  

TikTok has 50 million daily active users in the U.S. 

STORY 3

The U.S. Agriculture Department released details of a second round of Covid-19 aid for farmers, which will pay up to $14 billion dollars to producers of corn, soybeans, wheat, livestock, dairy and tobacco. 

This follows a 19 billion dollar relief program in April. Less than 10 billion of that has been paid out to date. 

STORY 4

Americans showed a bit more optimism in the latest survey of consumer sentiment from the University of Michigan...the index rose about five points. 

CLOSE
I’m Erika Beras with the Marketplace Minute.