Dow Jones Futures Rise with ASX 200, Nikkei 225 on Biden's Stimulus Plan
DOW JONES, NIKKEI 225, ASX 200 INDEX OUTLOOK:US equity futures rebounded after suffering a tech-led pullback in last-hour trading
Asia-Pacific stocks edged higher on reflation hopes at open
Biden proposed a US$1.9 Covid-relief plan that include stimulus checks and funds to fight the pandemicDow Jones, Biden’s Relief Package, Jobless Claims, Asia-Pacific at Open:Federal Reserve Chairman Jerome Powell reiterated the Fed’s dovish stance in a webcast last night, suggesting that the central bank will keep its QE in place for at least 2021 and maintain interest rates unchanged through 2023. Against this backdrop, market focus shifted to Biden’s announcement of a US$ 1.9 trillion Covid-relief proposal, which may include US$ 1 trillion in direct relief to households, US$ 415 ...