- Nasdaq climbs 1.56% at 13,612.78 on Tuesday.
- Jeff Bezos steps down as Amazon CEO.
- GameStop shares plummet nearly 60%.
The US markets closed higher on Tuesday amid hopes of a deal between President Joe Biden and Republican Senators on his stimulus package.
The new deal, at US$618BN, is less than a third of Biden?s original US$1.9 trillion plan.
The tech-heavy Nasdaq gained 1.56% at 13,612.78, the Dow Jones gained 1.57% at 30,687.48 - its best day since November - and the S&P500 grew 1.39% at 3826.31.
The Australian dollar is buying US$0.76.
Bitcoin has rebounded over US$35,600, up nearly 6% in the last 24 hours. Ethereum has also surged more than 12% overnight to a new record-high US$1549.03.
Making headlines, Amazon CEO Jeff Bezos has announced he is stepping down as CEO of the online retail giant after 30 years, with Amazon Web Services boss Andy Jassy to take over. Bezos will become Amazon?s Executive Chairman.
In tech news, short-stop selling target GameStop plummeted a further 58% yesterday to below US$95/share. AMC Entertainment took a 40% dive during Tuesday?s session, while BlackBerry lost 21%.
And looking and sounding good before an online meeting is now possible with Google Meet?s new "green room" feature. Instead of starting an online meeting looking untidy, you can now check your appearance and sound before showing your face.