Yesterday was a good day for the share markets. One of the most important indices, USA30, had an outstanding performance during yesterday’s trading session. This came as a token of trust regarding the pass of the stimulus bill. So far, this the most important and biggest set of measures proposed against the Coronavirus crisis.
Traders are hoping that the stimulus bill will be approved, and the economy will have a $2 Trillion boost to help it counter the effects of the Coronavirus pandemic. The bill proposes measures regarding tax breaks, checks, and bailouts for businesses.
Gold had yesterday its biggest gain since 2008 of almost 5% to $1,614.5 per ounce.
Oil went up 4.5% to $25.10 per barrel.
Sources: investing.com, marketwatch.com
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