U.S. Markets closed
  • S&P 500

    3,841.47
    -11.60 (-0.30%)
     
  • Dow 30

    30,996.98
    -179.02 (-0.57%)
     
  • Nasdaq

    13,543.06
    +12.15 (+0.09%)
     
  • Russell 2000

    2,168.76
    +27.34 (+1.28%)
     
  • Crude Oil

    51.98
    -1.15 (-2.16%)
     
  • Gold

    1,855.50
    -10.40 (-0.56%)
     
  • Silver

    25.57
    -0.29 (-1.12%)
     
  • EUR/USD

    1.2171
    -0.0001 (-0.0122%)
     
  • 10-Yr Bond

    1.0910
    -0.0180 (-1.62%)
     
  • Vix

    21.91
    +0.59 (+2.77%)
     
  • GBP/USD

    1.3685
    -0.0046 (-0.3339%)
     
  • USD/JPY

    103.7530
    +0.2480 (+0.2396%)
     
  • BTC-USD

    31,417.76
    -376.57 (-1.18%)
     
  • CMC Crypto 200

    651.44
    +41.45 (+6.79%)
     
  • FTSE 100

    6,695.07
    -20.35 (-0.30%)
     
  • Nikkei 225

    28,631.45
    -125.45 (-0.44%)
     

Biden says economic package will be in the trillions of dollars

WASHINGTON, Jan 8 (Reuters) - U.S. President-elect Joe Biden said his administration's economic package will be in the trillions of dollars and include unemployment insurance and rent forbearance.

"It is necessary to spend the money now," Biden told reporters. "The answer is yes, it will be in the trillions of dollars, an entire package." (Reporting by Trevor Hunnicutt; Writing by Doina Chiacu; Editing by Rosalba O'Brien)