Stocks fall from records | Congress struggles to cement deal | Coronavirus cases keep rising

Stocks slipped from record highs in volatile trading on Friday as lawmakers struggled to bridge differences on additional coronavirus stimulus measures.

VIEW IN BROWSER | SUBSCRIBE FRI, DEC 18, 2020 EVENING BRIEF AS OF FRI, DEC 18, 2020 • 04:28 ET DJIA 30179.05 -0.41% -124.32 S&P 500 3709.41 -0.35% -13.07 NASDAQ 12755.64 -0.07% -9.11   Most Active DOW NAME LAST CHG %CHG AAPL 126.66 -2.04 -1.59% INTC 47.46 -3.19 -6.30% MSFT 218.59 -0.83 -0.38% S&P 500 NAME LAST CHG %CHG AAPL 126.66 -2.04 -1.59% INTC 47.46 -3.19 -6.30% GE 10.81 -0.06 -0.55% NASDAQ NAME LAST CHG %CHG TSLA 695.00 +39.10 +5.96% AAPL 126.66 -2.04 -1.59% INTC 47.46 -3.19 -6.30%   EDITOR'S NOTE Time is running out for Congress to avoid a government shutdown and reach a stimulus deal.   Stocks slid from all-time highs as lawmakers remained divided over the next coronavirus rescue package. Leaders on Capitol Hill have said for days they are close to a deal on a $900 billion relief proposal that would accompany a $1.4 trillion spending bill. The talks are up against the wire with federal funding lapsing at 12:01 a.m. ET on Saturday. Last-minute disputes preventing Congress from passing a relief deal include direct payments, small business loans and a boost to unemployment insurance.   The Dow Jones Industrial Average ended the record-setting week with a 120-point loss, while the S&P 500 halted a three-day winning streak in volatile trading.   "An agreement remains elusive," said Mark Hackett, Nationwide's chief of investment research. "New arguments have complicated negotiations, including a Republican push to explicitly terminate the Fed's emergency lending programs and a Democratic request to match 100% of FEMA payouts for the pandemic." Yun Li | CNBC Markets and Investing Reporter @YunLi626 TOP NEWS  Dow falls more than 100 points as lawmakers struggle to seal last-minute stimulus deal Government shutdown looks more likely as Congress fails to strike funding, Covid relief deals Suspected Russian hack is much worse than first feared: Here's what you need to know FDA says it hasn't yet approved Moderna Covid vaccine despite Trump tweet saying otherwise Republican senators spar over whether second $1,200 stimulus checks are necessary Tesla shares downgraded by CFRA as hot stock loses massive index fund buying tailwind December is shaping up to be the Covid pandemic's deadliest month yet in the U.S. Here's who is likely to get a second stimulus check under the latest relief package DOJ case against Google likely won't go to trial until late 2023, judge says General Motors and Ford won't mandate Covid-19 vaccinations for employees   TOP VIDEO Fauci says hope is that by the time we're several months into 2021 we can start thinking about return to normality   CNBC PRO Ryan Smith opens up: The tech founder explains why he bought the Utah Jazz   SPECIAL REPORTS Will there be a stimulus check before the new year? What we know about Congress' $900 billion deal Why Nvidia's stock has a firm place in this trader's portfolio   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