At 3:05 pm (Brasília time) on Wednesday (13), the Dow Jones Industrial Average registered gains of 0.23% and was trading at 31,141 points. The session follows the market's optimism about the recovery of the United States economy still in the middle of the coronavirus pandemic. There is an expectation about the possible advances in the discussions of fiscal stimulus to the United States under President-elect Joe Biden after his inauguration on January 20. In addition, the Beige Book will be released today by the Federal Reserve (FED, United States central bank) with its revisions to the North American economy, which may signal the beginning of the reduction of its asset purchase program.
This text was translated by machine from Brazilian Portuguese.