US30 (contract for Dow Jones) rose more than 1.8% and hit a new all-time high even despite the fact that the US 10-year Treasury yield still hovers near 1-year high. It seems that Senate approval of President Biden’s $1.9 trillion stimulus bill and comments from David Tepper, founder of Appaloosa Management helped to lift investors' mood.
US30, D1 interval. Source: xStation5
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Daily summary: Weak US data drags markets down, precious metals under pressure again!