Major Indices rose in today’s trading session finishing the week higher, marking their best weekly movement since two months ago. As investors cling on hope that an agreement will flourish for additional fiscal stimulus which is still being discussed at the house of congress.
Despite House Speaker Nancy Pelosis’ statement that she will reject any standalone bill proposal to aid airline industry, most averages outperformed. S&P 500 rose less than 1% while both Dow and Nasdaq gained 0.43% and 0.50%, respectively.
Treasuries and Dollars both fail for two straight days. Crude on the other rallied and ended up higher, getting back some few points from yesterday’s bout.
Meanwhile, here are the main movements in the Stock Market this Thursday;