Stocks up as blue wave hopes lift US stimulus bets
- Date: 09-Oct-2020
- Source: Gulf Today
- Sector:Economy
- Country:Middle East
Stocks up as blue wave hopes lift US stimulus bets
Stocks up as blue wave hopes lift US stimulus bets
2 hours ago
The photo has been used for illustrative purposes.
World shares pushed on from one-month highs on Friday, with Asian stocks closing in on 2-1/2-year peaks, as growing expectations the Democratic party will win US elections next month revives hopes for more economic stimulus there.
The pan-European STOXX 600 index rose 0.4%, set for its second straight week of gains, while the MSCI world equity index, which tracks shares in 49 countries, was up 0.2% at a more than one month high.
Wall Street futures were up 0.5% after the S&P 500 gained 0.80% and the Nasdaq Composite added 0.5% on Thursday.
A widening lead for Democratic presidential candidate Joe Biden and the possibility his party will win both the Senate and the White