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

4:18 PM 19 November 2021

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

Share:
Back

Join over 1 600 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits