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Foreign stock markets are rising after the open, with the Dow strengthening 0.5 percent, the S&P 500 rising 0.6 percent and the Nasdaq beginning to trade 0.4 percent higher on Tuesday. In part, optimism about the new round of the U.S. fiscal package is behind today’s increase after Democratic President Nancy Pelosi tweeted that a deal on the bailout package must be reached no later than Tuesday if it goes away. to be adopted before the November 3 elections. The Speaker of the House said Monday’s talks further reduced contradictions, while Donald Trump yesterday increased his offer for the aid package to $ 1.8 trillion.
The positive market opening can also be explained by the announcement by the vaccine manufacturer Moderna that the company’s coronavirus vaccine may be available for emergency use starting in December if it receives positive results from the November interim study.
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