Russian exchanges were not trading on the 8th of March due to public holiday in Russia. News concerning adoption of the bill gave a boost to traditional stock indexes, while technologies continued to go down.
As at 7:45 p.m. (MSK), S&P500 index grew by 0.4%, Dow Jones gained about 1.3%, and NASDAQ technology index declined 0.65%.
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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