US Treasuries yield significantly dropped, serving as a positive signal for the market. Apart from that, the market was supported by macroeconomic stats.As of this writing (8 PM, MSK) S&P500 index is up 2.3%, Dow Jones is trying to keep up with 2.1%, and Nasdaq technology index is today’s leader with 2.6% hike.
S&P500 index and NASDAQ technology index reached new historical highs. Later, quite logically, the indexes somewhat dropped, and then were moving in different directions.
ПодробнееHowever, banks (Federal Reserve released results of stress tests) and real economy (approval of Biden’s infrastructure plan) were in focus rather than technologies.
ПодробнееContinuing verbal interventions by policymakers and major investors had calmed the market down regarding prospects of stimulus wrapping up by Federal Reserve. For how long?
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