Take a fresh look at your lifestyle.

Green is imposed on Wall Street, which maintains the increases after renewing highs



Wall street it points to the rises. Specifically, the main indices of the New York Stock Exchange registered an average advance of around 0.5% this Tuesday. Investors are betting on buying with confidence, after the new all-time high set by the Dow Jones this Monday.

Green seems to prevail in the last week of the year on Wall Street. And all thanks to the new spirit that Donald Trump has breathed after signing the stimulus package of 900,000 million dollars to face the coronavirus crisis. The decision of the still president of the United States gave the market a surprise, and that is that the signing came days after the Republican demanded a direct payment of 2,000 dollars, and not 600 as contemplated.

Precisely, the House of Representatives has passed a bill to increase direct payments to $ 2,000Although many experts say the Senate, led by the Republican Party, is unlikely to pass the measure.

"The combination of vaccine deployment, fiscal stimulus, and monetary policy continues to create a positive backdrop for stocks through 2021", says Mark Haefele, investment director of UBS Global Wealth Management. In fact, the expert points out, according to CNBC, that "the agreement on a new fiscal stimulus package removes a recent hurdle, and world central banks continue to support the recovery by maintaining (and expanding) monetary accommodation."

In fact, this Monday's rally leaves a pretty good picture for US indices. With two days remaining until the end of the year, at the moment the S&P 500 accumulates a profit of 15.6% in the year, while that of the Dow Jones it is somewhat lower, 6.5%. He Nasdaq is the one that gives the bell, registering so far a rebound of more than 43% in 2020, since investors have flocked in this turbulent year to shares of large technology companies such as those of Apple, Amazon or Facebook.

In Europe, the increases are imposed at this time, with the London FTSE 100 leading the advances after the optimism that the Brexit agreement has instilled. The Spanish selective, the Ibex 35, registers a rebound of half a percentage point. In Asia, on the other hand, the stock exchanges ended this Tuesday's session mixed, although Japan's Nikkei has hit highs not seen since 1990.

And in other markets, Brent quality oil rose 1%, to $ 51.40, while West Texas, a benchmark in the US, recorded a similar advance and is trading at $ 48.15 per barrel. Gold also advanced to $ 1,884.30 per ounce, while the 10-year US Treasury bond is trading at 0.941%.

. (tagsToTranslate) green (t) imposes (t) Wall (t) Street (t) maintains (t) rises (t) after (t) renew (t) highs (t) Category: All (t) Category: Market Report (t) Category: US Report (t) Category: International News (t) Category: Market Report – US pre-open (t) Category: Pulses (t) Category: Pulses USA (t) Category: Market Pulse


Leave A Reply

Your email address will not be published.