US stocks scale new peak on recovery bets
Wall Street s main indexes hit all-time highs on Tuesday, with investors piling into economically sensitive stocks on hopes of more fiscal aid to lift the world s biggest economy from a coronavirus-driven slump. The Dow Jones Industrial Average was up 110.66 points, or 0.35%, at 31,569.06, the S&P 500 was up 13.86 points, or 0.35%, at 3,948.69, and the Nasdaq Composite was up 55.97 points, or 0.40%, at 14,151.45.
European shares hover near one-year highs
European shares hovered near one-year highs on Tuesday as investors bet a bumper U.S. stimulus package will power global economic growth this year, while Glencore led a rally among mining stocks after reinstating its dividend. The pan-European STOXX 600 was down 0.13% after jumping 1.3% in the previous session to its highest level since February 2020.
US stocks rise as Trump signs fiscal aid bill
Wall Street s main indexes hit record highs on Monday as President Donald Trump s signing of a long-awaited $2.3 trillion pandemic aid bill bolstered bets on an economic recovery, helping financial and energy stocks. The Dow Jones Industrial Average rose 305.4 points, or 1.01% to 30,505.81. The S&P 500 rose 31.0 points, or 0.86% to 3,734.80, while the Nasdaq Composite rose 49.9 points, or 0.38%, to 12,853.95.
European shares cheer post-Brexit trade deal
European shares climbed on Monday for a fourth straight session as relief over long-awaited U.S. economic stimulus and a post-Brexit trade deal lifted investor mood in thin holiday trading. The benchmark European stock index jumped 0.73% to its highest since Feb. 26, with automakers and energy stocks gaining the most.
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