At 2:03 pm (Brasília time) on Monday (08), the Dow Jones Industrial Average registered an increase of 1.49% and was trading at 31,967 points. The indicator kicks off the week by positively reflecting the Senate approval of President Joe Biden's $ 1.9 trillion package in stimulating the United States economy to help the population cope with the coronavirus pandemic. The measure also represents a legislative victory for the country's president, despite increasing fears of rising inflation. US Treasury Secretary Janet Yellen said earlier that the package is expected to fuel a "very strong" recovery, but that she does not see economic overheating because of increased spending. In addition, the market signals recovery of the shares of major technology companies.
This text was translated by machine from Brazilian Portuguese.