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US: Stocks open higher ahead of Senate vote on stimulus bill

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[NEW YORK] Wall Street stocks opened higher Wednesday as markets awaited a vote on a US$2 trillion package agreed by congressional leaders to boost the US economy ravaged by the coronavirus outbreak. Read more at The Business Times.

A couple of minutes into trading, the Dow Jones Industrial Average was up 1.4 per cent at 20,992.28.[NEW YORK] Wall Street stocks opened higher Wednesday as markets awaited a vote on a US$2 trillion package agreed by congressional leaders to boost the US economy ravaged by the coronavirus outbreak.The broad-based S&P 500 gained 0.2 per cent to 2,452.14, while the tech-rich Nasdaq Composite Index edged up 0.1 per cent to 7,425.40.

On Tuesday, the Dow soared 11.4 per cent, notching its biggest one-day percentage gain since 1933 after a big pullback due to the virus.

 

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US: Stocks fall again as stimulus bill stalls in Senate[NEW YORK] Wall Street stocks finished another rocky session much lower on Monday amid partisan squabbling over a giant stimulus package as the Federal Reserve announced new emergency measures. Read more at The Business Times.
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