22 Oct 20 - Choppy Trade | Infratil Update Global markets slipped overnight (S&P 500 Index -0.2%) as US stocks swung between gains and losses as investors assessed the latest headlines on the state of stimulus deal talks. House Speaker Nancy Pelosi said she hoped fresh stimulus spending would be retroactive, although the Republican Senate majority leader warned the White House against a bigger Democrat-led deal before the election. The administration said it hopes to get a deal in the next 48 hours and that its offer is now up to $1.88 trillion, below the $2.2 trillion Pelosi has pushed for. Earnings season continues, with social media firms are trading higher after Snap reported strong earnings. Netflix slipped -6.5% after subscribers fell short of predictions. Elsewhere, the pound jumped after European Union chief Brexit negotiator Michel Barnier said a deal is within reach. Stock markets in the UK and Europe ended well in the red as investors battled concern...