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

Wall Street mixed as bond yields and oil prices retreat
2026-05-18 14:46PM UTC
US stocks traded mixed in volatile trading on Monday, despite signs of easing pressure in the bond ...
Americas News

Markets

US stocks open lower as rising bond yields fuel inflation concerns
2026-05-15 14:18PM UTC
Wall Street indexes opened sharply lower on Friday after fears of rising inflation driven by the ...
Americas News

Markets

Wall Street extends gains led by Nvidia as investors monitor US-China talks and economic data
2026-05-14 15:29PM UTC
The S&P 500 and Nasdaq indexes reached fresh record highs on Thursday, supported by gains in ...