World shares bounce back as US stimulus expected whoever wins election
Asian stocks hit two-week highs; the Stoxx 600 was up 0.2%; the FTSE 100 was up 0.1%; and the MSCI world equity index climbed to a three-week high
07 October 2020 - 11:32
London — European shares rose on Wednesday, as initial dismay at US President Donald Trump’s decision to cancel fiscal stimulus negotiations with lawmakers in Washington was replaced by optimism about an aid package after the US elections.
Trump broke off talks with Democrats in a tweet, saying that negotiations will stop until after the November 3 election, when he promised a major stimulus bill if he wins...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.