Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

US stocks hold in early trading ahead of Biden stimulus

Economies.com
2021-01-12 15:07PM UTC

The main US stock indices opened stable on Tuesday, amid anticipation of the reveal of President-elect Joe Biden's stimulus plan.

 

After his official victory in the US presidential elections and the congress certification of his victory, Biden is preparing to reveal his plan to inject billions of dollars to support the economic recovery from the coronavirus repercussions and to help it return to the growth path.

 

Johns Hopkins University reported that the number of Covid-19 infections rose to more than 90 million cases worldwide, with a death toll of nearly 2 million victims, with a record of around 300,000 cases in the US during a single day.

 

As of 15:05 GMT, Dow Jones held at 31,004 points, and S&P 500 held at 3,799 points, while Nasdaq index rose 0.2% or 21 points to 13,058 points.

American Markets News

Americas News

Markets

S&P 500 and Nasdaq decline as technology stocks come under pressure
2026-06-09 15:48PM UTC
US stock indexes retreated on Tuesday as technology shares lost momentum, with investors turning ...
Americas News

Markets

Wall Street retreats as chip stocks slide and stronger jobs data fuels Fed hawkishness fears
2026-06-05 15:56PM UTC
Major US stock indexes moved lower on Friday as semiconductor stocks came under pressure following ...
Americas News

Markets

S&P 500 and Nasdaq decline as Broadcom results weigh on chip stocks
2026-06-04 14:54PM UTC
The S&P 500 and Nasdaq fell on Thursday after disappointing revenue results from Broadcom ...