The rebound is the most sensible since October 2020. The market follows the progress of talks on stimulus proposed by President Joe Biden and evaluates corporate reporting and macroeconomic statistics.
As at 8:15 p.m. (MSK), S&P500 grew by 1.45%, Dow Jones gained 0.75%, and NASDAQ technology index rose by more than 2%.
This week is going to be one of the richest in corporate performance reports (due to the key part of FAANG companies publishing their reporting). The market is preparing, waiting and analyzing.
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