UK and European markets are generally higher this morning. In the short-term investors are focused on earnings reports. Twitter and Cisco beat estimates on Tuesday and in Europe today a number of major companies are reporting..
In the US, details of President Joe Biden’s proposed stimulus package were announced that includes $1,400 direct payments to Americans. Progress of the bill will be closely monitored.
Former President Trump’s second impeachment trial began on Tuesday. Trump is charged with inciting an insurrection.
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