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Wall Street set for record open on stimulus, recovery bets

4 Min Read NEW YORK (Reuters) - The Dow Jones Industrial Average notched a record closing high on Tuesday as cyclical sectors gained on the prospect of more fiscal aid to lift the U.S. economy from a coronavirus-driven slump. The Nasdaq, however, dipped as technology stocks moved lower, while concerns over rising interest rates kept the benchmark S&P 500 little changed. Sectors poised to benefit the most from a reopening economy, including energy and financials, had the biggest percentage gains...
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Wall Street set for record open on stimulus, recovery bets | Hellenic Shipping News Worldwide

Wall Streetโ€™s main indexes were set to open at all-time highs on Tuesday, with investors piling into economically sensitive stocks on hopes of more fiscal aid to lift the worldโ€™s biggest economy from a coronavirus-driven slump. Morgan Stanley, Goldman Sachs, JPMorgan Chase & Co, Citigroup Inc and Bank of America Corp rose about 1.7% each ...
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Cyclicals shine as Wall Street scales new peak on stimulus, recovery bets

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/stimulus-hopes-drive-dow/"></div>NEW YORK (Reuters) – The Dow Jones Industrial Average notched a record closing high on Tuesday as cyclical sectors gained on the prospect of more fiscal aid to lift the U.S. economy from a coronavirus-driven slump. The Nasdaq, however, dipped as technology stocks moved lower, while concerns over rising interest rates kept the benchmark S&P […]&l...
New York United States Great Hill Thomas Hayes Shreyashi Sanyal Devik Jain
Source: metro.us

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