Page 272 - ப்ளூம்பெர்க் டாலர் ஸ்பாட் குறியீட்டு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

U.S. stocks climb on stimulus hope after weak jobs data Rita Nazareth, Bloomberg News VIDEO SIGN OUT Stocks extended their weekly rally after weaker-than-forecast U.S. jobs data bolstered the case for President Joe Biden’s US$1.9 trillion coronavirus relief package. The dollar fell. The House adopted the budget resolution that cleared the Senate early Friday, paving the way to pass a stimulus bill in coming weeks with only Democratic votes. The S&P 500 climbed to another record in its best week since November as all of its major groups but tech rose. The surge in GameStop Corp. after Robinhood Markets Inc. removed limits on buying the stock did little to repair the video-game retailer’s weekly plunge of about 80 per cent. Two-year Treasury note yields matched their record low amid a drop across shorter-dated rates.

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