Selected U.S. Senate $ 2 trillion supported only stock markets

Two days in the U.S. Senate, Democrats and Republicans agreed on a package of assistance to the economy and population of the country after quarantine and stoppage of businesses to prevent the spread of Covid-19.

This gave a positive signal to equity markets, and within two sessions the major stock market indices rose by 10-16. 5%, in particular the Dow Jones 16.5% to 21200 p., S&P 500 by 12.5% to 248,54 p., the Nasdaq Composite by 10% to 7384 n, which allowed us to return to the level to which they fell into "black Thursday" on March 12.

Despite the growth of stock markets commodities remained at the previous levels, and prices for agricultural products and oil has not changed. Through many countries imposed quarantine, the demand for products remains low and the rapid spread of Covid-19 in USA (where infected 69 thousand people) and Europe (Italy – 74 thousand and Spain – 49.5 thousand people) increases the pressure on the markets. If the quarantine will enter India, Brazil and Argentina, we can expect stagnation of markets of low demand.

Yesterday the U.S. Senate by a majority of voters voted a package of measures on $ 2 trillion to stimulate the economy. On Friday it will consider the House of representatives, then signed by the President. The document provides for the payment of unemployment benefits, payments to hospitals, business and individual sectors, as well as simultaneously assistance to citizens of the United States of $ 1200. Also the people promised to paid sick leave.

Democrats said that the assistance would not apply to companies trump and any of the officials.

Recently, trump has signed the bill on the programme of mitigating the effects of propagation Covid-19 for citizens tens of billions of dollars, and also agreed on the allocation of 8.3 billion $ to fight the epidemic.