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 (Bloomberg) -- House Speaker Nancy Pelosi said Tuesday she's hopeful for a stimulus agreement this week, which would be crucial to getting a bill passed by Election Day, although Senate Majority Leader Mitch McConnell has warned the White House against a bigger Pelosi-led deal before Nov. 3."That's the plan. That's what I would hope," Pelosi said about reaching a compromise this week. She spoke to reporters after her latest call with Treasury Secretary Steven Mnuchin Tuesday.The White House also expressed some optimism on progress. Chief of Staff Mark Meadows said on CNBC that "everybody is working real hard" to get an agreement by the weekend, although he cautioned that there are still some outstanding issues. "I want to stress: We're not just down to a difference of language and a few dollars," Meadows said. "We still have a ways to go."Even if remaining differences can be bridged, Senate Republicans remain a key roadblock, as many oppose a bill on the scale of what's now under negotiation. Majority Leader Mitch McConnell has warned the White House not to rush into an agreement before the election, according to a person familiar with the matter.The administration's offer has increased to $1.88 trillion, Meadows said. Pelosi is pushing for $2.2 trillion, while President Donald Trump reiterated Tuesday he could be willing to go even bigger.Stocks RoiledThe twists and turns of the stimulus talks have been roiling equities. The S&P 500 Index slumped 1.6% Monday, then climbed as much as 1.5% Tuesday
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Trump slammed Fauci for being against facial coverings in a tweet Monday, a misleading assertion that fails to grasp the broader context.
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 The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed above 40.4 million on Tuesday, according to data aggregated by Johns Hopkins University, while the death toll rose above 1.1 million. The U.S. has the highest case total at 8.2 million and deaths at 220,133. President Donald Trump on Monday called Dr. Anthony Fauci, head of the National Institute for Allergies and Infectious Diseases and considered the nation's leading infectious-disease expert, a "disaster" on a campaign call and on Twitter and said, "People are tired of hearing Fauci and all these idiots."
Brazil has the second highest death toll at 154,176 and is third by cases at 5.3 million. India is second in cases with 7.6 million, and third in deaths at 15,197. Mexico has the fourth highest death toll at 86,338 and ninth highest case tally at 854,926. The U.K has 43,816 deaths, the highest in Europe and fifth highest in the world, and 744,122 cases.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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McConnell warns White House against making stimulus deal as Pelosi and Mnuchin inch closer The Washington PostFearing a loss, GOP senators keep distance from Trump and begin to ponder party's future CNNWhite House, Congress nearing deadline for stimulus relief deal CBS NewsOpinion: Trump and Pelosi should agree to a stimulus deal this week Deseret NewsThe Constitution is strangling America The Week
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The White House has "come a long way" on testing and tracing language, Pelosi said, but major disagreements still remain amid "mixed messages" from President Trump and Senate Republicans.
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Starbucks barista hailed for keeping calm during wild rant by anti-masker New York Post Starbucks praises Black barista's response to mask-eschewing customer who yelled 'f--- Black Lives Matter' Fox NewsMask request by Starbucks barista prompts customer tirade: 'This is America ... Trump 2020!' NBC NewsMask request at Starbucks prompts tirade: 'This is America ... Trump 2020!' Yahoo News
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 Some Wall Street strategists make the case that two weeks shy of the Nov. 3 election, some narrowing of recent chances for a victory in the presidential race by former Vice President Joe Biden against incumbent Donald Trump is causing some pause among investors.
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