The previous week finished on a positive note for key stock indices of the US thanks to price hikes of hi-tech companies and registered the longest decline since August 2019. Moods of investors were supported by a statement of the FRS Chair mentioning steadiness of the economy and the banking system before the current crisis. Disagreements in Washington regarding additional measures to provide incentives for the American economy, as well as growing numbers of new COVID-19 cases had a destabilizing impact on stock markets.
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