US holiday didn’t stop markets from rallying as futures around the globe were pushing higher on Monday and in the Asian trade on Tuesday. As a result US500 broke the 3000 level, up 38% from the pandemic low just 2 months ago! This is also the first time US500 trades above 3000 since 6 March. Even sharper gains are seen on the DE30 that trades above 11500 points, up stunning 45% from the March low. While the second quarter is bound to see a deep GDP contraction across the globe, investors hope that reopening will be swift and extremely aggressive monetary policy encourages investments in assets like stocks.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
