Global Shares Extend Gains With Stimulus in Focus

Published: October 9, 2020

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Global Shares Extend Gains With Stimulus in Focus

Global stock markets and Wall Street futures traded higher this morning after U.S. President Donald Trump said federal stimulus talks had resumed.

Shares in Europe rose significantly during midday trading hours, while Shanghai and Sydney closed higher. Indexes in Tokyo and Hong Kong declined.

The president told Fox Business Thursday morning that the administration and Democrats are "starting to have some very productive talks" on more U.S. economic aid after the $600 in extra weekly employment benefits that supported consumer spending expired.

Trump tends to say a lot of things, but hopefully he means it this time…

In today's video, I'll also explain the biggest threat to the market right now… which industry and sector is rising… how the Russell compares to SPY… and one hot low-risk stock pick for Friday.

Get today's market action

Global Shares Drop As Trump Backtracks Stimulus Talks

October 7, 2020

Global stock markets traded mostly lower this morning as U.S. President Donald Trump halts talks concerning another federal stimulus package.

Global Stock Markets Rise on Renewed Stimulus Hopes

October 8, 2020

Global stock markets traded higher this morning after U.S. President Donald Trump seemed to change his earlier decision to halt talks.

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