Investors looked past the risk the stimulus bill could die and instead focused on the possibility of a richer package.
Analysts also cited a boost from the announcement that the US reached agreement to purchase an additional 100 million doses of the Pfizer/BioNTech vaccine against Covid-19.
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Oil falls on surprise build in US crude stocks, Trump threat to US relief spendingOil fell in early trade on Wednesday after industry data showed U.S. crude oil stocks rose last week, defying expectations for a decline, and U.S.
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US: Big Biden stimulus no balm for US stocks, Dow loses 0.6%[NEW YORK] President-elect Joe Biden's massive plan to help the US economy didn't shake Wall Street's downbeat sentiment on Friday, with major indices losing ground in the last full trading week of Donald Trump's presidency. Read more at The Business Times.
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Stocks gain, US short-dated debts under pressure after bumper US jobs dataGlobal stock prices rose to a 1 1/2-month high on Monday after data showing a surge in U.S. employment while short-dated U.S. bonds came under ...
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