A new stimulus package could be in sight for the U.S
Wall Street embraced the bullish stance of tech stocks, with FAANG and Microsoft leading. Moreover, President Biden considers another $2 trillion stimulus package that will focus on infrastructure and clean energy. USA30 fell 0.26%, while USA500 rose 0.36%. TECH100 was up 1.5%.
Crude oil added 0.4%, reaching $60.77 per barrel.
Gold traded 0.2% lower at $1,683.45 per ounce.
Asia and Australia
HongKong45 was down 0.43%.
Japan225 fell 0.60% after multiple banks took a hit from the collapse of Archegos Capital Management.
Down under, Australia200 jumped 1.58% as residents wait for COVID-19-related restrictions to be lifted.
Brent oil rose 0.4% to $64.45 a barrel.
EUR/USD traded at 1.1732 after it gained 0.2%.
Sources: investing.com, reuters.com
Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.
Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.