U.S. Stocks Rise; Pound Gains on Brexit Deal: Markets Wrap
Bloomberg 12/24/2020 Kamaron Leach
(Bloomberg) U.S. stocks rose for a second day in holiday-shortened trading as investors monitored the latest developments on the congressional aid package, while the pound strengthened after a post-Brexit trade accord agreement was reached.
Technology and real estate shares led the S&P 500 led higher, with energy the only one of the benchmark index’s 11 sector groups to finish in the red. A scuffle over pandemic relief is set to run up against a federal funding deadline next week as Democrats side with President Donald Trump in his demand for $2,000 payments to most Americans. The dollar weakened and Treasury yields were little changed.
Stocks snap 3-day losing streak; pound strengthens
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Stocks advance as aid bill uncertainty downplayed
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Dec 24 2020, 11:57 PM
December 23 2020, 3:24 AM
December 24 2020, 11:57 PM
(Bloomberg) U.S. stocks rose for the first time in four days even as uncertainly surrounded President Donald Trumpâs demand for changes to pandemic relief legislation. The pound gained as an outline of the post-Brexit trade deal was reached.
(Bloomberg) U.S. stocks rose for the first time in four days even as uncertainly surrounded President Donald Trumpâs demand for changes to pandemic relief legislation. The pound gained as an outline of the post-Brexit trade deal was reached.
The benchmark S&P 500 managed to finish marginally higher despite a late session slide amid a flurry of headlines on the status of the aid package. The Nasdaq Composite and Russell 2000 indexes set intraday record highs. Trump is demanding that lawmakers increase the stimulus checks due to go out to most Americans to $2,000 from $600 in the same week that Congress passed the $900 billion bipartisan package.
European stocks climb with U S futures; dollar dips
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.