Most Asian stocks rose with U.S. and European futures Tuesday after the House backed higher stimulus checks following President Donald Trump’s signing of the virus relief bill. The dollar slipped with Treasuries.
A gauge of global stocks was on track to close at a fresh record with Japanese shares leading the way. Benchmarks also climbed in Australia and Hong Kong, though fluctuated in South Korea and China. U.S. futures pushed higher after the House backed the president’s proposal to boost checks to $2,000 from $600, which creates a political dilemma for Senate Republicans. Earlier, the S&P 500 Index, Dow Jones Industrial Average and Nasdaq Composite touched all-time highs after Trump approved the combined $2.3 trillion Covid-19 relief and government funding package.
Elsewhere, crude oil pared an overnight loss as investors focused on looming new supply from OPEC+. Bitcoin fell back after a rally over the holiday pushed it past $28,000 for the first time. The pound pared some of Monday’s drop.
US After Hours ARCT -37.5% falls sharply after providing data update on COVID vaccine trial; MRUS +6.7% and FUBO +6.2% rise on equity stake disclosures
Nikkei +2.30% Hang Seng +1% CSI -0.33% Shanghai -0.40% Shenzen -0.48%
Eur$ 1.2239 CNH 6.5208 CNY 6.53118 JPY 103.68 GBP 1.3482 CHF 0.8870 RUB 74.0315 TRY 7.4505 WTI$47.85 +0.48%
S&P +0.40% Nasdaq +0.28% EuroStoxx +0.42% FTSE +1.17% Dax +0.48% SMI
Macro :
- Biden Decries ‘Obstruction’ in National Security Transition
- Russell 2000 Is the Star Shining a Bit Too Brightly
- China’s Record 5G Blueprint for 2021 Electrifies Telecom Stocks
- Brexit Deal May Be Too Little, Too Late for U.K.’s Car Industry
Keep an eye on :
- ADM LN : ZPG Close to Acquisition of Confused.com From Admiral: Sky
- ATL IM : Atlantia to Evaluate New Binding Bid for Autostrade
- ATL IM : Atlantia Board of Directors Approves Spinoff Plan
- EDP PL : EDP Sells Portuguese Tariff Deficit for EU271M
- EOAN GY : Opus Makes Binding Offer for E.On’s Titasz Power Unit in Hungary
- EVLI FH : Evli Bank Sees 2020 Op. Profit Higher Than Comparison Period
- ORSTED DC : Orsted Enters $2.7 Billion Deal to Sell Taiwan Wind Farm Stake
- RWE GY : RWE Risks Slipping Into Antitrust Red Zone in Coal Exit Quirk
- SAB SM : Sabadell Says It Already Meets SRB’s MREL Requirements
- SAP GY : SAP’s Qualtrics Files for U.S IPO, *SAP ADRS GAIN 3.3% TO SESSION HIGH AS QUALTRICS FILES FOR IPO
- VWS DC : Vestas Wins 207 MW Repowering Order With Enventus Wind Turbines
- WMH LN : Caesars Gets HSR Clearance for Proposed William Hill Deal
- XSPRAY SS : XSpray Pharma Gets FDA Orphan Status for Nilotinib oral capsules
- YPSN SW : Insulet Settles Dispute With Ypsomed, to Pay $36.15m