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

NASDAQ falls over 1% amid pressure on tech sector
2025-12-11 16:08PM UTC
US stock indices fell on Thursday as markets digested the Federal Reserve’s statement, ...
Americas News

Markets

Wall Street inches up before Fed's decision
2025-12-10 16:46PM UTC
U.S. stock indexes moved higher on Wednesday as investors closely awaited the Federal ...
Americas News

Markets

Why does the US stock market care so much about interest-rate cuts?
2025-12-09 17:52PM UTC
Only a few weeks ago, the US stock market stumbled on fears of a potential bubble in AI-related ...