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
This information is prepared for general circulation. It does not have regard to the specific investment objectives, financial situation or the particular needs of any recipient.
You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.
This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.
Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of sc.capex.com