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US stock exchanges are growing on expectations of state support


December, 24 2020
watermark Economic news

Major US stock indexes on Thursday are growing moderately on expectations of market participants for additional measures of economic support in the US. At the same time, the trading volume today is not large, since most exchanges today close earlier than usual in connection with the celebration of Catholic Christmas. Tomorrow is a day off in the USA and Europe.


In particular, the Dow Jones Industrial Average (DJIA) grew by 0.13%, to 30169.5 points, the NASDAQ high-tech index – by 0.41%, to 12822.01 points, the broad market S&P 500 index – by 0.26% , up to 3699.5 points.


Earlier, US President Donald Trump refused to sign the $ 900 billion package of economic assistance adopted by Congress on the eve of Congress, demanding a revision in order to increase payments to the population from $600 to $2,000 per person.


At the same time, markets are watching with concern the news of the mutation of the coronavirus in the UK, as fears about new serious restrictive measures are growing against this background. And this, in turn, can exert strong pressure on economic activity in Europe and the world.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.