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According to a report in the New York Times, negotiators from Democrats and Republicans seem close to an agreement and have already started preparing a bill. Current economic data came out better than expected overall.
Dow Jones Industrial closed at 33,093.34 points, up 1.00 percent. This resulted in a 1 percent loss last week.
Across the market, the S&P 500 rose 1.30 percent to 4205.45 points on Friday. The Nasdaq 100 continued its rally from the previous day and eventually reached 14,298.41 points, up 2.58%. The technology-weighted index thus achieved a weekly increase of 3.6 percent.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
