Global stocks up ahead of Biden’s expected US stimulus package
The anticipated US relief package of $2-trillion was enough for investors to shrug off Trump’s second impeachment
14 January 2021 - 12:40
London — Investors have shrugged off US President Donald Trump’s record second impeachment and focused instead on reports on Thursday that his replacement, Joe Biden, will lay out a new US $2-trillion stimulus programme later.
Hopes for the supersized package lifted most major stock markets. Japan’s Nikkei hit a three-decade peak in Asia and Europe opened 0.4% higher as traders there ignored the prospect of another Italian government collapse...
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