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Asian markets rally after Biden unveils roads and bridges plan

Stocks Rally After Biden Infrastructure Boost 04/01/21 AT 9:55 AM Stock markets rose Thursday as investors weighed US President Joe Biden's economy-boosting infrastructure project against renewed Covid lockdowns. Oil prices rallied with the OPEC+ alliance expected to agree an extension to their current output cuts at a meeting underway. Shares in Deliveroo steadied one day after the app-driven meals delivery group lost more than a quarter of its value on its stock market launch in London. Biden said his much-anticipated new package will see a "once-in-a-generation" investment of more than $2 ...

3/4/2021 4:15:00 PM GMT | By Ivan Brian Update at 11 am EST: Stocks continue to hold the line ahead of testimony later by Fed Chair Jerome Powell. Powell is due to speak at 1205 EST. Powell has been the inflation killer in his last speech and will need to step again to calm market fears. The US 10 Year is holding steady below 1.5% for now helping the Nasdaq to a 0.6% gain while the Dow and S&P are up 0.2%. Sectoral performance shows Energy again leading the way, up 3%, while Utilities and Consumer Staples are up by 1%. Industrial and Utility sectors are...

Author Bio Chris has covered Tech and Telecom companies for The Motley Fool since 2012. Follow him on Twitter for the latest tech stock coverage. Follow @tmfnewsie What happened Shares of Conduent (NASDAQ:CNDT) were falling today after the company reported its fourth-quarter 2020 results yesterday. Despite the company beating Wall Steet's consensus earnings and revenue estimates, some investors sold off their shares. The tech stock fell by as much as 17.6% and was down 12.5% as of 1:49 p.m. EST. So what  Conduent reported adjusted earnings per share of $0.20, which ...

  Senator Sherrod Brown, the incoming Chairman of the Senate Banking Committee, will be holding a hearing on the GameStop – Reddit phenomenon, according to a tweet. Senator Brown said it was time for the SEC and Congress to make the economy work for everyone while castigating Wall Street, worrying about rules only when they get hurt. People on Wall Street only care about the rules when they’re the ones getting hurt. It’s time for SEC and Congress to make the economy work for everyone. As Incoming Chairman of the @SenateBanking Committee, I will be holding a hearing on the current st...