US exchanges are growing on expectations of economic stimulus

Major US stock indexes rallied on Monday in anticipation of news on a new US fiscal aid package and the upcoming November 3 presidential election.

Thus, the Dow Jones Industrial Average grew by 0.3%, to 28690.91 points, the NASDAQ high-tech companies index – by 0.72%, to 11755.51 points, the S&P 500 broad market index – by 0.49%, to 3501.02 points.

Markets remain focused on expectations for a new stimulus package for the US economy. The Republican administration of D. Trump supports a package of measures worth $1.8 trillion, but Democrats, led by Joe Biden, insist on $2.2 trillion. 

Over the weekend, it became known that the Speaker of the House of Representatives Nancy Pelosi made it clear that the agreement on US fiscal stimulus could be concluded from day to day, until the presidential election.