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Stocks Rise Ahead of Biden's Stimulus Speech — 2nd Update

Provided by
Dow Jones
By Anna Hirtenstein
U.S. stocks climbed Thursday as investors awaited details of the incoming Biden administration s plans for a fresh coronavirus relief package.
The Dow Jones Industrial Average rose 123 points, or 0.4%, to 31184. The S&P 500 added 0.2%, and the Nasdaq Composite advanced 0.5%.
President-elect Joe Biden is expected later Thursday to unveil details on his proposed spending package to support households and businesses. Many investors are counting on additional stimulus to help the economy recoup wide-ranging losses stemming from the coronavirus pandemic and restrictions put in place to fight it.
New jobless claims data showed that 965,000 people applied for unemployment insurance in the week ended Jan. 9, more than economists had expected. ....

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Stock Futures Tick Up Ahead of Biden's Stimulus Speech

Provided by
Dow Jones
By Anna Hirtenstein
U.S. stock futures rose slightly Thursday as investors awaited details of the incoming Biden administration s plans for a fresh coronavirus relief package.
Securities tied to the S&P 500 climbed 0.2%, potentially extending Wednesday s advance, which lifted the broad-market index to its second-highest level in history. Futures linked to the Dow Jones Industrial Average added 0.3%.
All eyes are on a speech expected Thursday from President-elect Joe Biden that is set to detail the scale of his proposed spending package to support households and businesses through the pandemic.
Additional stimulus would be favorable for equity markets and reinforce expectations for economic growth, said Luc Filip, head of private banking investments at SYZ Private Banking. ....

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Stocks Rise Ahead of Biden's Stimulus Speech

By Anna Hirtenstein
U.S. stocks climbed Thursday as investors awaited details of the incoming Biden administration s plans for a fresh coronavirus relief package.
The Dow Jones Industrial Average rose 103 points, or 0.3%, to 31164 shortly after the opening bell. The S&P 500 added 0.2%, and the Nasdaq Composite advanced 0.3%.
President-elect Joe Biden is expected later Thursday to unveil details on his proposed spending package to support households and businesses. Many investors are counting on additional stimulus to help the economy recoup wide-ranging losses stemming from the coronavirus pandemic and restrictions put in place to fight it.
Jobless claims data Thursday showed that 965,000 people applied for unemployment insurance in the week ended Jan. 9, more than economists had expected. ....

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ROUNDUP: Einzelhändler Alimentation Couche-Tard und Carrefour erwägen Fusion

ROUNDUP: Einzelhändler Alimentation Couche-Tard und Carrefour erwägen Fusion
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