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US stocks open on stable note
Economies.com
2021-04-07 14:18 UTC
US stock indices opened stable on Wednesday, amid optimism about the US economic growth.
The International Monetary Fund raised its projections for the global GDP to grow by 6%, and estimated the US economy to grow to 6.4% in 2021.
US President Joe Biden revealed recently a massive plan to spend nearly $2 trillion on infrastructure.
The US trade balance recorded a deficit by $71.1 billion in February, missing forecasts of $70.2 billion.
As for stocks, Dow Jones rose less than 0.1% or 17 points to 33,447 as of 14:08 GMT, Nasdaq rose 0.1% or 5 points to 13,703, and S&P 500 rose 0.1% or 3 points to 4,077.
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