European stocks climb as Germany extends COVID-19 relief package

European stocks moved higher on Wednesday, as Germany extended its coronavirus stimulus package and investors awaited a key speech by Federal Reserve Chairman Jerome Powell.

The mood across Europe was slightly subdued, despite the S&P 500 SPX, +0.36% and the Nasdaq Composite COMP, +0.76% hitting fresh records on Wall Street late on Tuesday due to positive U.S.-China trade talks. China is also set to buy a record amount of soybeans from the U.S. in 2020 in a welcome sign the relationship between the world’s two largest economies is improving. U.S. stock futures YM00, +0.09% ES00, +0.15% NQ00, +0.34% were also mixed ahead of the open.

“Equities are unlikely to move too much until the speech is made, but afterwards we could see a sharp increase in trading activity on the markets as investors get a clearer picture of the Fed’s intentions,” he added.

This is a smile 😊

Germany does what whitehouse is incapable of doing through legislation. Past time for a change. voteblue2020 Vote for JoeBiden and SenKamalaHarris

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

European stocks nudge higher as stimulus hopes outweigh virus woesEuropean stocks inched higher on Wednesday as hopes of additional stimulus for Germany and France outweighed worries about rising cases of COVID-19 across the continent. Virus fatigue hopefully setting in COVID19 ,hopefully the media catches on
La source: Reuters - 🏆 2. / 97 Lire la suite »

American Airlines to furlough, layoff 19,000 workers due to coronavirus - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Curious what's going on in aviation? What impact did COVID19 have? Why has WarrenBuffett sold all his airline stocks? Details in my video!!! 👇 They keep kicking people off with small and special needs children. Since 40% of the country can now work remotely, some permanently like us, we can drive stateside. Gas is cheaper, free luggage, and great scenery save us a lot of airport inconvenience.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »