Blog
Morning wrap 05.02.2021
US indices finished yesterday’s trading higher. S&P 500 and Nasdaq closed at record highs gaining 1.09% and 1.23% respectively. Dow Jones added 1.08% while Russell 2000 moved 1.98% higher
Gains can also be spotted in Asia. Nikkei gained around 1.5%, Kospi and S&P/ASX 200 moved 1.1% higher and indices from China advanced
DAX futures point to a slightly higher opening of the European session
Joe Biden will meet with Democrat Leaders today to discuss a stimulus deal. Senate is opposed to providing stimulus checks to upper-income taxpayers
Fed’s George said that US central bank is still far away from its goals and any discussions on tapering QE are premature
According to the Wall Street Journal, Biden administration is considering forgiving student debt via executive action
According to the Wall Street Journal, Kia may start building Apple-brand electric vehicles in 2024. Cars would be assembled in Georgia, US
Coronavirus pandemic is slowing in the United States and various states decide to remove restrictions on outdoor dining or entertainment activities
Precious metals, oil and agricultural commodities are all trading higher
Bitcoin trades slightly above $37,000
AUD, GBP and CAD are top performing major currencies while CHF and USD lag the most