Major indexes are in the black as congress promises a quick decision
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| | 3/24/2020 | |
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Stimulus Hopes, Blue Chips Lead Stocks Higher | By Laura McCandless | | Expanding off its early morning surge, the Dow Jones Industrial Average (DJI) is up around 1,500 points midday, driven heavily by outperforming Boeing (BA), American Express (AXP), and Chevron (CVX). The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also making sizable gains, after yesterday falling to multiyear lows alongside the Dow. Market optimism is coming from hopes that congress is close to reaching an agreement on the stimulus bill. House Speaker Nancy Pelosi stated that there is hope a deal can be made within the next few hours. Continue reading for more on today's market, including: - Amazon takes measures to ensure fair pricing.
- The stock boosted by an earnings beat.
- Plus, TAL’s unusual options; the gaming name moving out of its slump; and the energy name surging.
| >> Continue reading... | |
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