After a down week, the benchmark Dow Jones Industrial Average was up 0.4 per cent at 30,940.39, about an hour into the first session of the week. — Reuters pic
After a down week, the benchmark Dow Jones Industrial Average was up 0.4 per cent at 30,940.39, about an hour into the first session of the week. “There weren’t any jarring ‘events’ over the extended weekend. That has relieved a little bit of Friday’s selling pressure,” he said in an analysis. Yellen, the former Federal Reserve chair, is speaking at her confirmation hearing Tuesday before the Senate Finance Committee, and urging legislators to support Biden’s massive US$1.9 trillion rescue package to help the pandemic-damaged US economy.
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