Article 5C5HH Dow hits record high after Trump belatedly signs Covid relief bill

Dow hits record high after Trump belatedly signs Covid relief bill

by
Rob Davies
from US news | The Guardian on (#5C5HH)

Markets around the world show strong gains, with Germany's Dax climbing to highest ever level

Stock markets around the world enjoyed strong gains after President Donald Trump backed away from his threat to block a $2.3tn (1.7bn) government spending and coronavirus relief package.

On the first day of trading since Christmas - and the UK's Brexit deal 24 hours earlier - relieved investors helped to drive US stock indices to intra-day peaks, while Germany's Dax climbed to its highest ever level.

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