Wall Street's main indexes rose on Tuesday as U.S. Treasury Secretary nominee Janet Yellen advocated for a hefty fiscal relief package before lawmakers to help the world's largest economy ride out a pandemic-driven slump.
NEW YORK/BENGALURU (Jan 19): Wall Street's main indexes rose on Tuesday on positive earnings updates from major US lenders, while Treasury Secretary nominee Janet Yellen advocated for a hefty fiscal relief package before Senate lawmakers to ride out the world's largest economy from a pandemic-driven slump. At her confirmation hearing, Yellen said the benefits of a big package outweigh the costs of a higher debt burden.
LONDON: Global shares stumbled on Friday as hopes of a fiscal boost from a $1.9 trillion US stimulus plan were smothered by the prospect of stricter lockdowns in France and Germany and a resurgence of COVID-19 cases in China. European stocks followed Asian markets lower, with the pan-European STOXX 600 down 0.8 percent and London’s FTSE 100 0.8 percent weaker, with the latter
TOKYO (REUTERS) - Asian shares rose on Friday (Jan 15), brushing off a late Wall Street dip as expectations of large US stimulus under President-elect Joe Biden shored up sentiment while oil prices perked up on upbeat Chinese trade figures.. Read more at straitstimes.com.