- The major Wall Street indices are trading in positive territory on Thursday.
- The S&P 500 Financials Index rose nearly 1% after the opening bell.
- Investors remain focused on the headlines surrounding the US stimulus talks.
The main US stock indices opened slightly higher on Thursday as investors remain bullish on additional US fiscal stimulus At time of writing, the Dow Jones Industrial Average was up 0.28% on the day to 30.801, the S&P 500 Index gained a 0.26% to 3,840 and the Nasdaq Composite was up 0.25% to 13,432.
Hours earlier, the Secretary of the Treasury of the United States, Janet Yellen, He said they need to “act big” to provide a bridge and avoid scarring the economy. In addition, the White House economic adviser, Jared Bernstein, noted that US President Joe Biden’s coronavirus relief plan will include aid aimed at the companies that need it most.
Among the top 11 sectors in the S&P 500, the Financial Index is up nearly 1% as the best performer after the opening bell. On the other hand, the Materials Index lost 1.3%.
S&P 500 chart (daily)
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.