Global stocks weren’t moved Tuesday, but hopes for an updated Federal Reserve stimulus package gave European markets enough momentum to end in green.
As Spreadex Financial Analyst said, Connor Campbell: That’s unless Capitol Hill’s Covid-19 cases continue to grow. ”
“House Speaker Nancy Pelosi and Treasury Secretary Stephen Munucin will be working again this Tuesday, so investors are looking at the updates coming from Washington.”
In some excitement, the Dow Jones initially came together at about half the rate before falling to 0.34% dip, reaching 28,053 points.
In response to Fed rumours and early Dow rally, the Eurozone index bouncing in the afternoon, with CAC rising by about 1% during the afternoon before relaxing at 0.48% rally, finishing at 4,895 points.
The DAX also rose by nearly percent, and remained stable at 0.61% meetings, rising 12,906 points.
Meanwhile, FTSE failed to comply with the lawsuit. The British market, which bouncing off half percent after lunch, slid down to a modest 0.12% rally, up to 5,949 points.
Elsewhere in global stocks, Hangsen rose 0.90%, Topix bounced 0.5%, and SSE composite fell slightly by 0.20%.
