Stocks closed lower on Thursday but came off the worst levels of the session ending  little changed.

The Dow Jones Industrial Average, which had been down over 300 points at one point, fell over 19 points, while the Nasdaq Composite and S&P 500 also cut losses to 0.47% and 0.15% respectively.

JPMorgan and Walgreens, which returned to profitability in its last quarter, bucked the downtrend.

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Earlier, President Trump signaled he would be willing to spend more than $1.8 trillion for additional fiscal stimulus to help the U.S. economy battered by the coronavirus pandemic.

"I would," Trump told FOX Business' Stuart Varney when asked if he would raise the price tag of the stimulus. "Because, look, this was not caused by our workers and our people. This was caused by China. And China will pay us back in one form or another. And the money's coming back anyway. I would absolutely I would I would pay more."

Trump added that he said "go big or go home," but the negotiations are being hurt by Pelosi, who "doesn't want to give anything."

"She thinks it helps her with the election," the president continued. "And I don't think so. I think it hurts her with the election because everyone knows she's holding it up. We're not holding it up. She's holding it up." Read more at FOX Business