Stimulus hopes boosted optimism. Stocks closed higher for the second consecutive day
American stocks finished higher for the second consecutive day, driven by stronger-than-expected earnings. Also, the latest meeting between President Joe Biden and some Republican representatives to discuss the long-touted stimulus package gave investors hope. USA30 rose 1.57%, while USA500 gained 1.39%. TECH100 added 1.56%.
Crude oil traded 1.2% higher at $54.20 per barrel.
Gold lost 0.7% trading at $1,851.80 per ounce.
Asia and Australia
The market sentiment was boosted by the two-hour meeting between Joe Biden and Republican senators who were looking for a smaller COVID-19 stimulus package.
Japan225 gained 0.96%.
HongKong45 rose 1.60%.
Down under, Australia200 gained 1.28%.
Indices closed in the green buoyed by the good corporate earnings, and the progress made toward a US stimulus package. Germany30 traded 1.1% higher, while France40 rose 1.4%. UK100 climbed 0.5% as the Bank of England is due to hand down its policy decision later this week.
Brent oil closed the day at $56.98 per barrel after it went up 1.1%.
EUR/USD was up 0.2% at 1.2077.
Sources: reuters.com, investing.com