Rise in stocks and equity futures with dollar marginally down
Stage is set for markets to continue rally in 2021
28 December 2020 - 08:30
New York — US and European equity futures pushed higher with most Asian stocks Monday after President Donald Trump signed a coronavirus stimulus package. The dollar ticked lower with Treasuries.
S&P 500 contracts climbed after Trump backed down from last-minute demands and approved the combined $2.3-trillion Covid-19 relief and government funding package. Shares advanced in Tokyo and Seoul, and fluctuated in Hong Kong and Shanghai. The Bloomberg dollar spot index dipped and Treasury yields climbed. Oil was little changed, while gold headed for its highest close in seven weeks...
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