4:18 PM · 19 November 2021

Biden plan approved by the House - Nasdaq at new record high

Shortly after the start of the US session, the House of Representatives, as expected, adopted President Biden's tax and expenditure plan. The plan is to improve health protection for the poorest people, and to increase the allowances for the purchase of an electric car. This news seems to have a positive effect on the markets as the Nasdaq reached a new all-time high.

US100 hit the new ATH as soon as the session starts. Source: xStation5

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