US stocks resume rally after falling earlier

2021-04-06 15:01:22 GMT (Economies.com)
US stocks resume rally after falling earlier

The main US stock indices edged higher on Tuesday, amid optimism about the US economy after the recent strong jobs report.

 

The International Monetary Fund revealed its projections for the global GDP, which is expected to grow by 6%, thanks to the recovery from the Covid-19 pandemic and the lockdown restrictions.

 

The IMF added that it expects US GDP to grow by 6.4% in 2021 compared to its previous estimates.

 

The IMF urged the US Fed for more transparency in its monetary policy, economic estimates and the decisions taken.

 

As for stocks, Dow Jones rose less than 0.1% or 2 points to 33,531 as of 14:18 GMT, Nasdaq rose 0.1% or 16 points to 13,721, and S&P 500 rose 0.1% or 5 points to 4,083.

 
 
 
  Symbol Last Change Chg.%
1.2061
0.0035
0.2885%
1.3874
-0.0079
0.5648%
Tadawul
10127.90
18.31
0.18%
26.087
0.295
1.146%
61.690
-1.488
2.355%
65.80
0.40
0.61%
1784.575
13.125
0.741%
 
 
US
 
Europe
 
Asia