Stocks rise as vaccines, Biden presidency lift global confidence - News Summed Up

Stocks rise as vaccines, Biden presidency lift global confidence


The General Services Administration told Biden this week that he could formally begin the handover process. E-mini futures for the S&P 500 rose 0.17% and MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.36%. The pan-European STOXX 600 index rose 0.91% and MSCI’s gauge of stocks across the globe gained 0.08%. Emerging market stocks rose 0.45%. US crude fell 0.18% to $44.83 per barrel and Brent was at $47.91, up 4.02% on the day while the dollar index fell 0.395%, under pressure from Yellen’s expected push for fiscal stimulus, analysts say.


Source: Dhaka Tribune November 25, 2020 00:22 UTC



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