Markets revive after FED statements
The Federal Reserve announced that it will help small and medium-sized companies to protect themselves against the consequences of the coronavirus, which had a positive impact on the different stock markets of the world
The groups that are part of the different stock market indicators of the international market, showed an upward trend this week after the statements of the Federal Reserve System to companies in the United States (Fed).
The FED spoke about the financing of small and medium-sized companies in the US, as a way to shield their economy from the consequences of the coronavirus.
The Dow Jones Industrial Average increased 2.04% in its shares this Tuesday, showing about 26,289.98 points. Other indicators on the New York Stock Exchange also showed positive numbers. In this case, the Nasdaq and S&P 500 obtained a profit of 1.75% and 1.90% respectively, expressing about 9,895.87 points for the technology market and about 3,124.74 for the Standard & Poor’s score for reason for the Fed’s contribution of $ 250,000 in loans to US companies.
As for the European region, the places in that circumstance also showed positive variations after having registered losses on the day of June 15.
There is also the Asian case, who presented the same behavior as the rest of the regions with an upward trend with numbers greater than the percentage unit.
K. Tovar
Source: El Universal
