Wednesday, 11 August 2021

Markets rise, US Senate passes infrastructure package

Markets rose on Tuesday.

The S&P 500 rose 0.1 percent to an all-time high, the STOXX Europe 600 rose 0.4 percent to also hit an all-time high, and the Nikkei 225 rose 0.2 percent.

Michael Hewson, chief market analyst at CMC Markets UK, said that “cautious optimism continues to outweigh concern about rising Delta variant rates in Asia, and to a lesser extent the U.S.”.

US stocks were boosted by the Senate’s passage of an infrastructure package.

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