Here's what you need to know before markets open.. Most of the money will go to roads and bridges, but money will also be directed to 5G wireless and infrastructure broadband, sources told Bloomberg.."The Federal Reserve became an accidental Lone Ranger overnight, riding in to rescue beleaguered financial markets," an analyst said.
. In Europe, Germany's DAX rose 3%, Britain's FTSE 100 rose 2.5%, and the Euro Stoxx 50 rose 2.8%. In Asia, China's Shanghai Composite rose 1.4%, Hong Kong's Hang Seng rose 2.4%, and Japan's Nikkei rose 4.8% at the close. In the US, futures underlying the Dow Jones Industrial Average, the S&P 500, and the Nasdaq rose fell between 1% and 1.7%.
Source: Financial Digest (financialdigest.net)
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