Additional stimulus relief hope led most markets higher
USA30 rose 0.86%, while USA500 added 1.64%. TECH100 traded 2.67% lower. The increases came as the markets were expecting Democrats to target further fiscal stimulus, switching focus from Wednesday’s riot on Capitol.
Crude oil went up 0.9% to $51.09 per barrel.
Gold added 0.7% trading at $1,921.50 per ounce.
The Dollar Index was up 0.32% at 89.785.
Asia and Australia
Japan255 rose 1.84% even though the country was expected to declare a state of emergency for Tokyo and multiple adjacent prefectures. The end of the state of emergency is set to end on February 7.
HongKong45 lost 0.02%.
Down under, Australia200 added 1.76% as the country’s national cabinet will meet Friday, one month ahead of schedule, according to Prime Minister Scott Morrison.
USD/JPY traded at 103.34 after it went up 0.29%.
The stocks closed mainly higher, as they focused on the possible additional fiscal US stimulus package as the Democrats won in the Senate. Germany30 closed 0.63% higher, hitting an all-time high. France40 went up 0.4%, while UK100 lost 0.3%.
Brent oil closed at $54.64 a barrel after it gained 0.6%.
EUR/USD slipped 0.4% to 1.2282.
Sources: reuters.com, investing.com