US stocks rise as focus turns to British parliament

Economies.com
2019-10-22 15:02PM UTC

The major US stocks indices rose today as investors lock their focus on the UK which will launch a new crucial Brexit vote session in the British parliament.

 

Many US companies are still pouring their earnings reports for the third quarter, into the market, but the focus is shifting towards the tech sector reports.

 

The British parliament will start a voting session on PM Boris Johnson's Brexit bill later today.

 

Keeping in mind that the Prime Minister has failed to gain support for the deal on the recent vote on Saturday, and also failed to hold a vote yesterday, while if the deal is rejected again, Johnson will be forced a deadline extension by additional 3 months until the end of January.

 

To the stock market, Dow Jones rose by 0.2% or 30 points to 26,858 as of 15:00 GMT, Nasdaq rose by 3 points to 8,167, and S&P 500 gained 0.2% or 6 points to 3,013.

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