Stimulus hopes boost stocks to record as bitcoin soars ...Qatar

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Stimulus hopes boost stocks to record as bitcoin soars
World stocks scaled new peaks and oil marched higher yesterday as investors lapped up risky assets on hopes of a US fiscal stimulus and the Federal Reserve’s pledge to keep pumping cash into markets. From stocks to safe-haven gold and volatile bitcoin, financial assets were in festive mood. Bitcoin hit another all-time high after first shattering the $20,000 level on Wednesday. US congressional negotiators were “closing in on” a $900bn Covid-19 aid bill expected to include $600-$700 stimulus checks to individuals, lawmakers said on Wednesday. Such checks issued during Spring led to money pouring into stock markets and bitcoin from punters, helping stocks recover quickly from the Covid-19 bl

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