The index “Standard & Poor’s 500” closed higher in a brief session Thursday, before the Christmas holidays, amid hopes for a better future in light of an imminent stimulus agreement and the agreement of Britain and the European Union and the distribution of the vaccine.
The gains included all three of the major US stock indices.
While stocks usually do well in the last days of December, the growing pandemic and the scheduled run-off elections for Senate seats in Georgia have cast a shadow over the outlook this year.
The US House of Representatives voted to thwart President Donald Trump’s attempt to introduce amendments to a $ 2.3 trillion coronavirus relief package and government spending, after Trump insisted on direct payments to Americans of $ 2,000.
This casts doubt on the chances of the president signing the package passed by Congress on Monday to become law and raised the possibility of a partial shutdown of government agencies.
“If (the stimulus) is not approved in some way, this could have dire repercussions for the unemployed,” said Peter Cardillo, senior market analyst at Spartan Capital Securities in New York.
Based on unofficial data, the Dow Jones Industrial Average rose 71.42 points, equivalent to 0.24 percent, to 30201.25 points, and Standard & Poor’s rose 13.25 points, or 0.36 percent, to record 3703.26 points, and the Nasdaq Composite Index advanced 33.62 points, or 0.26 percent, to 12804.73 points.