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

US stocks open on stable note

Economies.com
2021-04-07 14:18PM 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.

American Markets News

Americas News

Markets

Dow Jones closes higher, marking seventh monthly profit in row
2025-11-28 19:32PM UTC
US stock indexes rose on Friday after a technical issue affecting futures trading was resolved, ...
Americas News

Markets

Wall Street climbs, Dow Jones passes 47,000 points
2025-11-25 18:29PM UTC
US stock indexes rose on Tuesday as traders increased their bets on a Federal Reserve interest-rate ...
Americas News

Markets

Wall Street boosted by tech sector, rate outlook
2025-11-24 16:43PM UTC
U.S. stocks climbed on Monday, supported by a strong rebound in the technology sector, particularly ...