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Day: January 15, 2021

SLGG
Market Activity

U.S. Closed A Bit Down, Waiting For Biden’s Announcement

On Thursday, hours before President-elect Joe Biden unveiled a large initiative to help the U.S. economy in the wake of the coronavirus epidemic, the New York Stock Exchange finished marginally lower. The media was concerned around two trillion dollars, in comparison to the 900 billion dollar proposal adopted in late December. Fed President Jerome Powell, for his part, has told the U.S. central bank that it is not going to minimize its funding for markets. Jobless registrations surged last week in the U.S. work market, topping a million in the wake of a revival of the Covid-19 outbreak. At the