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GLOBAL MARKETS-Dow jumps 170 pts. on House passes bill for aid

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Shares on the major stock market indexes in the United States traded higher in the premarket on Tuesday with the Dow Jones Industrial Average surging 170 points, continuing the rally seen the day before when it met the closing bell at a record high, along with the Nasdaq 100, and the S&P 500.

NEWS IN ENGLISH 29.12.2020, 14:49 29.12.2020, 22:05
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GLOBAL MARKETS-Dow jumps 170 pts. on House passes bill for aid
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Despite his initial demand for the government spending package to include 2000 dollars direct payments to the US citizens, US President Donald Trump signed the bill the day before. The amended bill was later passed by the country's House of Representatives and is now in the hands of the Senate. The Democratic party leaders have invited Trump to urge the Republican senators to vote for the proposed changes.
Major European stock markets opened in the green on Tuesday as the rally fueled by the post-Brexit trade deal continued. The European Union's Committee of Permanent Representatives (COREPER) unanimously approved the agreement reached last week, while the United Kingdom parliament is set to vote on it on Wednesday.

The Dow Jones soared 0.58 percent or 175 points, while the Nasdaq 100 gained 0.44 percent at the same time. A minute later, the S&P 500 was up by 0.51 percent. The euro strengthened 0.21 percent versus the dollar, selling for 1.22384.

The FTSE 100 jumped 1.14 percent. IAG was the best performer as its shares soared 3.99 percent. The DAX climbed 0.61 percent. MTU Aero Engines led the gains, trading 1.96 percent higher. The CAC 40 rose 0.38 percent at 9:00 am CET with Renault gaining 1.25 percent.
The euro gained 0.23 percent against the dollar to sell for 1.22414 at 9:02 am CET and the pound increased 0.50 percent compared to the US currency to go for 1.35091 at the same time.
 

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