- Congress and White House reach a deal on $2 trillion aid plan
- Dow sees biggest one-day jump in 87 years
- Oil heading back to $25
U.S. futures for the , and , whipsawed this morning, going from red, to green to red once again, after Tuesday’s buoyant Wall Street rally. Global equities jumped on Wednesday, in the slipstream of the best U.S. market performance in more than a generation and the ‘s best day since 1933.
Yesterday’s U.S. session was fueled by hopes that U.S. lawmakers and the Trump administration would finally reach on $2 trillion worth of coronavirus stimulus—which occurred in the early hours of Wednesday morning—to help support U.S. workers and businesses as the global pandemic weighs on the country’s and the global economy. The official vote on the bill will take place later today in Washington.
Treasury yields rose, gold and the Japanese yen slipped as investors shift out of safe havens.
Global Financial Affairs
Traders are eagerly waiting to see if…