Wall Street officially began trading water as a commodity like oil or gold on Tuesday, with the nation’s first water market launched on the Chicago Mercantile Exchange on Monday with $1.1 billion in contracts tied to water prices in California.
The US stock market fell in pre-hours trading session amid further uncertainty around fiscal stimulus negotiations in Washington and the presidential election. On Thursday morning, the Dow Jones futures lost 32 points, or 0.1 percent, while the S&P 500 and Nasdaq 100 futures were also down 0.1 percent.
The US stock market jumped in after-hours trading session as investors in the United States and all over the world hoped for Washington to approve another stimulus package. On Tuesday, the Nasdaq 100 rallied 0.3 percent while the S&P 500 jumped 0.5 percent and the Dow Jones jumped 0.4 percent.
The US stock market jumped ahead of a deadline for a new fiscal stimulus deal from Washington. On Tuesday morning, the Dow Jones rose 190 points, or 0.7 percent, while the S&P 500 and Nasdaq 100 jumped 0.8 percent.