US stocks rise on bet on new economic stimulus

(Bloomberg) – US stocks rose on optimism lawmakers will come to an agreement on a new economic stimulus plan, putting a global equity indicator on . of erasing this year’s losses. The dollar fell.

These are some of the main movements in the markets:

Actions

The S&P 500 Index rose 0.6% at 4 p.m. New York Time, the Stoxx Europe 600 Index fell 0.7%, and the MSCI Asia Pacific Index rose 0.2%.

Foreign exchange

The Bloomberg Dollar Spot Index was down 0.1%. The Japanese yen posted little change at 105.56 per dollar. The Turkish lira weakened 2.5% to 7.2253 per dollar and was at a low of 7.31.

Bonds

The yield on 10-year Treasuries fell one basis point to 0.54%. The 10-year yield on British bonds fell two basis points to 0.11%. Germany’s 10-year yield fell three basis points. at -0.53%.

Basic products

West Texas Intermediate crude fell 0.4% to $ 42.03 a barrel. Gold strengthened 1.2% to $ 2,061.90 an ounce. Copper fell 0.1% to $ 2.9135 a pound.

Original Note: U.S. Stocks Gain on Bet Fresh Stimulus Is Coming: Markets Wrap

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