January 9, 2021 - Financial Occultist

The money is coming

Circle your calendars because Biden will announce a package worth ‘trillions’ next week to boost the economy.

He will propose an entire stimulus package and will speak with Pelosi and other Democrat leaders today. He said the price tag of the package will be ‘high’ and in the ‘trillions’.

US stocks close higher on the day. Nasdaq leads the way.

09-Jan-21 07:51 am

Anirudh Sethi

Dow, S&P and Nasdaq closes at record close

The US stocks closed higher on the day. The Nasdaq led the way with a gain of over 1%.

The Dow, S&P and Nasdaq all closed at record levels

The final numbers are showing:

S&P is up 20.89 or 0.55% at 3824.68
Nasdaq is up 134.49 or 1.03% at 13201.93
Dow is up 56.84 or 0.18% at 31097.93

For the 1st calendar week for the new year, the major indices are ending with solid gains. The gains were led by the Nasdaq index which rose by 2.43%.

European shares had even better results for the week, with the UK FTSE 100 leading the way with an oversized gain of 6.39% after the boost from Brexit.

Below are the % changes for the major global this week: