S&P 500 Index opens modestly higher as focus shifts to Biden's stimulus package

published 14.01.2021 15:39

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President-elect Joe Biden is expected to unveil coronavirus relief package.

S 500 Energy Index is up more than 1% after the opening bell.

Major equity indexes in the US opened modestly higher on Thursday as investors wait for President-elect Joe Biden to unveil his coronavirus relief package, which will be reportedly worth around $2 trillion.

Among the 11 major S 500 sectors, the Energy Index is the top performer in the early trade, gaining more than 1%.

On the other hand, the defensive Utilities Index is losing 0.63%.

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