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Stock futures open higher following Wednesday s slight gains

Stocks close slightly lower as investors await details of Biden stimulus plan CNBC 1/13/2021 Fred Imbert Replay Video UP NEXT Stocks fell slightly on Thursday, with tech shares declining, as traders awaited the unveiling of a potentially big economic stimulus package. The Dow Jones Industrial Average slipped 68.95 points, or 0.2%, at 30,991.52. Earlier in the day, the 30-stock average rose more than 150 points. The Nasdaq Composite dipped 0.1% to 13,112.64 after hitting an all-time high earlier in the session. The S&P 500 closed 0.4% lower at 3,795.54. Shares of Facebook dropped 2.4%. Amazon, Netflix, Microsoft and Apple all declined by more than 1%. Alphabet dipped 0.9%. President-elect  Joe Biden is expected on Thursday evening to unveil a stimulus plan that will include a boost to the recent $600 direct payments, an extension of increased unemployment insurance and support for state and local governments. The stimulus could be as big as $2 trillion,

Asia markets mostly up on stimulus hope but traders still on edge

11:38 AM MYT HONG KONG (AFP): Equities mostly rose as investors struggled for traction in Asia on Wednesday (Jan 13) following a tepid lead from Wall Street, with hopes for another vast US virus relief package offset by political upheaval in Washington and surging virus cases. Risk sentiment was given a vital boost Tuesday when several top Federal Reserve officials played down the chances the central bank will begin winding down its bond-buying easy-money policy anytime soon, despite expectations of higher inflation caused by a new stimulus. Democrats are pushing ahead with impeachment proceedings against Donald Trump, who is accused of inciting last week s storming of the Capitol Building, though there are concerns of further unrest leading up to Joe Biden s Jan 20 inauguration. Trump warned of tremendous anger across the country.

Asia markets mostly up on stimulus hope, but traders still on edge

Asia markets mostly up on stimulus hope, but traders still on edge
philippinetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philippinetimes.com Daily Mail and Mail on Sunday newspapers.

Asia: Markets mostly up on stimulus hope but traders still on edge

Asia: Markets mostly up on stimulus hope but traders still on edge
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

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