Stimulus Package

US markets surge on stimulus comments, ASX futures trending upwards

Finfeed Archived Oct 08, 2020

With the budget putting cash in the hands of consumers and businesses alike, it wasn’t surprising to see the S&P/ASX 200 Consumer Discretionary Index (XDJ) performed strongly, gaining nearly 2%.

S&P 500 and NASDAQ hit record highs, metals rally, futures down 7 points

Finfeed Archived Aug 19, 2020

Positive earnings results and news of an imminent US stimulus package should spur the markets forward. However, it may be a little too early to factor in potential upside given that the legislations has not yet been passed.