The Dow Jones Futures rallied more than 200 points on the day, indicating that the Wall Street stock market will rebound tonight. After falling yesterday
As of 6:12 p.m. Thai time, the Dow Jones futures rose 201 points, or 0.64%, to 31,559 points.
The Dow fell more than 100 points last night. Pressured by senior Chinese officials voicing concerns about the risks posed by the global financial market bubble.
Gao Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC), said financial markets in the US and Europe could face a bubble burst. This is because the rising market is in the opposite direction of the real economy. And it is likely the market will face a correction soon.
Mr. Gao’s warning caused investors to worry that China may use a policy to control the expansion of the economy.
The President Joe. Biden revealed that Adult Americans can get COVID-19 vaccine. Everyone by the end of May. That is two months ahead of schedule, with broad-spectrum vaccinations helping the US economy recover.
The US House of Representatives voted in favor of the $ 1.9 trillion stimulus package over the weekend. And it is now in the Senate hearing. Before sending it to President Joe Biden signed the endorsement into law.
House of Representatives Speaker Nancy Pelosi expects the approval of the stimulus process to be completed by March 15, the date the unemployment measures affected by COVID-19 will expire.
Investors had their eyes on the Federal Reserve’s monetary policy meeting on March 16-17, after Fed Chairman Jerome Powell said in a half-year statement to Congress last week: The Fed will continue its monetary easing policy. While signaling to freeze interest rates near 0% for the next 3 years
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