Indices In The USA Started The Day With An Increase

Indices In The USA Started The Day With An Increase Indices in the USA started the day with an increase in anticipation of an incentive package. Indices in the country gained value on the first day of the new week. Dow Jones index, which started the first trading day of the week with a value of over 100 points, was traded at 28,700.45 points with an increase of 0.40 percent. The S&P 500 index started the day at 3,503.77 points with an increase of 0.77 percent and the Nasdaq index gained 1.30 percent, trading at 11,730.93 points. The positive course of the indices were affected by the expectations for the economic support package planned to be implemented against the economic effects of the coronavirus epidemic. Both Democrats and Republicans opposed the White House administration's bid for a new $ 1.8 trillion stimulus package. Following the reaction, the administration of US President Donald Trump called on Congress to pass a simpler bill. Analysts, who made statements on the subject, announced that the news flow on the economic support package, as well as banks such as Bank of America, Wells Fargo and Goldman Sachs, will be monitoring the third quarter balance sheets this week.