The Stock Markets in New York Started With Gains on Friday
The stock markets in New York started the last trading session of the week with gains on Friday.
Investors are drawing on signs that the White House is still ready to negotiate a significant stimulus package to soften the economic blow of the corona pandemic.
Earlier, President Donald Trump withdrew from those talks.
Shortly after the opening bubble on Wall Street, the Dow Jones index was up 0.4 percent at 28,550 points. The broad S&P 500 won 0.6 percent to 3,466 points, and Nasdaq technology exchange rose 0.7 percent to 11,504 points.
In addition to Trump’s willingness to talk about another trillion packages, the election polls are also providing more certainty for investors.
They point more and more to a significant victory for Democratic candidate Joe Biden. If he does become president, it is expected that Biden will soon come up with an additional support package.