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Stocks rally ahead of Biden coronavirus stimulus plan

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GoldenRod
10 years on LIF!

Member since 11/06

26792 total posts

Name:
Shawn

Stocks rally ahead of Biden coronavirus stimulus plan

https://www.foxbusiness.com/markets/us-stocks-jan-14-2021


U.S. equity markets rallied Thursday morning as traders awaited details of President-elect Joe Biden’s proposed COVID-19 relief package.

The Dow Jones Industrial Average gained 95 points, or 09.31%, in the opening minutes of trading while the S&P 500 and the Nasdaq Composite were higher by 0.23% and 0.3%, respectively.

Biden’s proposal, which is expected to cost up to $2 trillion, could extend more help to households and businesses in addition to easing the burden on state and local governments.
...


Posted 1/13/21 3:37 PM
 

Hofstra26
Love to Bake!

Member since 7/06

27915 total posts

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Re: Stocks rally ahead of Biden coronavirus stimulus plan

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Posted 1/13/21 3:44 PM
 

KarenK122
The Journey is the Destination

Member since 5/05

4431 total posts

Name:
Karen

Stocks rally ahead of Biden coronavirus stimulus plan

The one major thing I was hoping for. They need to step it up for the people and the states.

Posted 1/13/21 3:57 PM
 

CookiePuss
Cake from Outer Space!

Member since 5/05

14021 total posts

Name:

Re: Stocks rally ahead of Biden coronavirus stimulus plan

The market is making me very nervous. I can understand a positive reaction to Biden but the markets have been on a tear. I worry that we will see this bubble deflate.

Posted 1/13/21 3:57 PM
 

BFNY516
LIF Adult

Member since 7/20

1189 total posts

Name:

Re: Stocks rally ahead of Biden coronavirus stimulus plan

Posted by CookiePuss

The market is making me very nervous. I can understand a positive reaction to Biden but the markets have been on a tear. I worry that we will see this bubble deflate.



I agree somewhat. I wonder if people feel invigorated by 2020 being over, Trump leaving, vaccines being rolled out, stimulus promises, etc.

Posted 1/13/21 4:11 PM
 
 
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