Investors await stimulus bill | Stocks slide | How about window seat in space?

Stocks fell as lawmakers debated the next coronavirus relief package.

VIEW IN BROWSER | SUBSCRIBE TUE, JUL 28, 2020 EVENING BRIEF AS OF TUE, JUL 28, 2020 • 04:18 ET DJIA 26379.28 -0.77% -205.49 S&P 500 3218.44 -0.65% -20.97 NASDAQ 10402.09 -1.27% -134.18   Most Active DOW NAME LAST CHG %CHG INTC 49.24 -0.33 -0.67% PFE 39.02 +1.48 +3.94% AAPL 373.01 -6.23 -1.64% S&P 500 NAME LAST CHG %CHG AMD 67.61 -1.36 -1.97% GE 6.89 +0.18 +2.68% AAL 11.77 +0.38 +3.34% NASDAQ NAME LAST CHG %CHG AMD 67.61 -1.36 -1.97% AAL 11.77 +0.38 +3.34% INTC 49.24 -0.33 -0.67% EDITOR'S NOTE Many people who've been forced out of work during the coronavirus pandemic have been getting more in their unemployment checks than they were making in their jobs.   Significant cuts to these enhanced jobless benefits, however, could put a big hole in the economy, writes CNBC's Jeff Cox, shaving hundreds of billions off the nation's gross domestic product.   These benefits are set to expire Friday and Congress is wrangling over what to do about them. Some employers complain that they are a disincentive for people to return to work.   "The big risks for markets and the economy is Congress thinks the recovery has taken hold and it can pull back on support, where everybody else knows we need to stay vigilant and fight through this recession," said Tom Garretson, senior portfolio strategist at RBC Wealth Management. Stocks fell on Tuesday, holding to a range as investors await more news on earnings, the latest GDP numbers due out Thursday and the next stimulus bill.   "The cutting of the unemployment benefits is setting us up for a political battle," said Peter Cardillo, chief market economist at Spartan Capital Securities, "and that could take time."   Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. Al Lewis | CNBC Markets Editor @tellittoal TOP NEWS  Stocks slip as coronavirus relief debate continues Getting rid of extended jobless benefits would come with a big economic hit Investors to get a preview of what could become a bigger campaign against Big Tech under Democrats Fauci says there are early signs coronavirus outbreaks are brewing in Ohio, Indiana, Kentucky and Tennessee Track the latest coronavirus news here Take a first look inside Virgin Galactic's spaceship cabin for tourists GOP and Democrats are far apart on coronavirus relief – here's what happens next Attorney General Barr rails against 'bogus' Russia probe, 'violent rioters' in heated House testimony Pfizer CEO says Trump's executive orders overhauling U.S. drug pricing will cause 'enormous destruction' Facebook, Twitter and YouTube pull 'false' coronavirus video after it goes viral     TOP VIDEO CNBC's full interview with Microsoft co-founder Bill Gates on the coronavirus pandemic   CNBC PRO Mike Santoli's market notes: Waiting on Fed and tech Big Five, bar high for AMD, volatility eases   SPECIAL REPORTS Industrial stocks: Winners and losers in a busy earnings week Foolish for investors to ignore both market positives and negatives, all-star investor Rich Bernstein says   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS