Global Stock Markets Rise on Renewed Stimulus Hopes

Published: October 8, 2020

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Global Shares Rise as Stimulus Talks Remain
in Focus

Global stock markets traded higher this morning after U.S. President Donald Trump seemed to change his earlier decision to halt talks on a second federal stimulus package.

In the U.S., weekly jobless claims turned out worse than expected, and continued to indicate a slowdown in hiring. This highlights the fact that only half of the 22 millions jobs lost to the pandemic have been recovered.

There's a general agreement amid analysts and investors that we need another round of economic support, and the U.S. election could play a critical role...

In today's video, I have more on the overall market sentiment in light of the jobless claims report… current support levels for the S&P 500 and Nasdaq 100… and two stocks showing an inside day high-trading pattern.

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 After Trump Returns to White House

October 6, 2020

Global stock markets traded higher this morning after U.S. President Donald Trump completes his coronavirus recovery at the White House.

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