US: Wall Street hits record high after Trump signs fiscal package
[NEW YORK] Wall Street's main indexes hit record highs in early trading on Monday as President Donald Trump's signing of a long-awaited US$2.3 trillion pandemic aid Bill bolstered bets on an economic recovery, helping financial and energy stocks.
The Dow Jones Industrial Average rose 83.4 points, or 0.28 per cent, at the open to 30,283.23. The S&P 500 rose 20.0 points, or 0.54 per cent, at the open to 3,723.03, while the Nasdaq Composite rose 109.9 points, or 0.86 per cent, to 12,914.641 at the opening bell.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Why the yen is so weak and what that means for Japan
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
US: Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
Singapore stocks rise, tracking regional bourses; STI up 0.3%
Asia: Markets build on Wall Street rally, yen holds bounce