Dow Up Over 200 Points On Anticipation Of Stimulus
- 3 years ago
On Monday, US stocks rallied as investors bet on the distribution of Pfizer's COVID-19 vaccine and stimulus progress to lift the economy.
According to Business Insider, a bipartisan $908 billion stimulus proposal is set to be formally unveiled on Monday.
One package will include $748 billion in funds for highly supported measures.
A smaller package including more controversial state and local government aid and liability protections for businesses.
On Monday, Pfizer and BioNTech will deliver their coronavirus vaccine.
Oil prices ticked higher after a tanker exploded in a Saudi Arabian port.
West Texas Intermediate crude gained as much as 1.9%, to $47.44 per barrel.
According to Business Insider, a bipartisan $908 billion stimulus proposal is set to be formally unveiled on Monday.
One package will include $748 billion in funds for highly supported measures.
A smaller package including more controversial state and local government aid and liability protections for businesses.
On Monday, Pfizer and BioNTech will deliver their coronavirus vaccine.
Oil prices ticked higher after a tanker exploded in a Saudi Arabian port.
West Texas Intermediate crude gained as much as 1.9%, to $47.44 per barrel.