Stocks climb, bonds fall after Democrats win Senate
LONDON/SINGAPORE (Reuters) - Bonds licked their wounds and stocks rose on Thursday as investors bet Democrat control of the U.S. Congress would enable President-elect Joe Biden to borrow and spend heavily, with a bruised dollar hovering near its lowest in almost three years. U.S. Treasuries extende»»»
ASX overlooks US turmoil
Local stocks ended Friday’s trading day in positive territory following gains in US markets which are being spurred on by investors welcoming the prospect of additional fiscal stimulus under the Biden administration. The benchmark S&P/ ASX 200 index reached a three-week high adding 45.9 points, or »»»
Bonds slip, stocks climb after Democrats win Senate
LONDON- Bonds dropped and stocks rose on Thursday as investors bet Democrat control of the U.S. Congress would enable President-elect Joe Biden to borrow and spend heavily, while a bruised dollar strained to recover from near-three year lows. U.S. Treasuries extended their steepest selloff in month»»»
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