Market News
- Wall Street peaked overnight, with both the S&P 500 and Nasdaq Composite closing at record highs, pushed upward by continued optimism about economic stimulus to counteract the COVID-19 pandemic promised by newly inaugurated U.S.
Category: CFD Indices
CFD Indices – Yellen’s Hefty Fiscal Package Lifted US Indices.
Market News
- Wall Street’s main indexes closed higher last night as U.S. Treasury Secretary nominee Janet Yellen advocated for a hefty fiscal relief package where the benefits will outweighed the costs of a higher debt burden before lawmakers to help the world’s largest economy ride out a pandemic-driven slump.
CFD Indices – Banking Stocks And Exxon Mobil Dragged US Indices Lower.
Market News
- Last Friday, Wall Street’s main indexes finished lower, weighed down by big U.S. banks such as Wells Fargo, JPMorgan and Citigroup after their earnings reports, while the energy sector fell sharply due to a regulatory probe into Exxon Mobil.
CFD Indices – Labour Market Dampened Stimulus Hopes
Market News
- Wall Street closed lower on Thursday as hopes for fresh fiscal stimulus ahead of President-elect Joe Biden’s pandemic aid proposal were pitted against a weakening labour market.
CFD Indices – Expectations Of Economy Recovery Is Likely To Lift US Indices To New Highs
Market News
- The benchmark S&P 500 closed barely higher on Tuesday while shares in smaller companies soared to record highs as investors favoured more economically sensitive market segments as they bet on a recovery in 2021.