This article was first published on FXTM Global.
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
Last week was a good one for equity investors. The S&P 500 and Nasdaq Composite rallied 3.8% and 4.6% respectively with their best weekly performance since July. Despite the shortage of good economic news, hopes of passing a new stimulus package kept sentiment upbeat. However, the latest White House proposal was $400 billion short of the $2.2 trillion Democrats want and over the weekend there seems to be plenty of disagreement among politicians on both side of the aisle on the proposed offer, suggesting that Congress is unlikely to pass an economic relief package before election day.... Read More
To keep reading this article, please navigate to: FXTM Global.