Wall Street trades on a slight bullish eye on economic stimuli

Wall Street investors are looking forward to the economic stimulus package and Joe Biden's Covid-19 vaccination plan.

The main stock market indices in New York kicked off Thursday's session at a slight high with investors in the United States anticipating the arrival of economic support from Joe Biden's administration, although the current pandemic situation continues to shake the confidence of consumers.

Thus, the industrialist Dow Jones rose 0,03% in the opening to 31198.01 points. In turn, the S&P 500 appreciated 0,015% to 3857.46 points while the Nasdaq increased 0,48% to 13521.47.

This Wednesday, the squares on Wall Street closed the session with record numbers, on the day that Joe Biden and Kamala Harris took office and guaranteed that a national vaccination plan against Covid-19 will guarantee a faster economic recovery. The next US Secretary of State for the Treasury and former Federal Reserve President, Janet Yellen, said, before the Senate, that now is the time to stimulate the economy, following Joe Biden's presentation of the economic stimulus plan worth of $ 1,9 billion.

As for vaccines, this Thursday, the World Health Organization announced that the United States, in addition to returning to the World Health Organization, will join the Covax platform, designed to ensure an equitable distribution of vaccines against Covid-19 in the world. , which is also encouraging the markets, bringing them some optimism.

As for unemployment benefits, the Department of Labor saw a slight drop this week. These requirements stood at 900 thousand in the week ending January 16, when in the previous week the value had been 926 thousand.


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