Russell 2000 Gains, S&P 500 Wobbles Following President-elect Biden’s Stimulus Details

The Russell 2000 rose as the S&P 500 wobbled following President-elect Biden’s stimulus plan that outlines $1.9 trillion in funding to combat the ongoing Covid-19 pandemic.

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British Pound Latest – Sterling Underpinned by GDP Data, US Announce USD1.9 Trillion Stimulus Package

The latest UK GDP figures showed the economy performing slightly better-than-expected, helping to keep the recent move higher in GBPUSD intact.

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Nasdaq 100 Weighed Down by Tax Hike Fears as Biden Unveils Relief Plan

The tech-heavy Nasdaq 100 index may continue to slide lower in the near term, weighed down by the notable climb in bond yields and the possible increase in taxation under a Biden administration.

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