Biden’s $ 1.9 Trillion Incentive Package Is Released, Indices Are Down!
Treasury yields rose following the Senate transition of the $ 1.9 Trillion Biden incentive scheme, while futures for Dow Jones, S&P 500 and Nasdaq fell on Monday morning.
The Senate approved the $ 1.9 trillion Biden stimulus plan on Saturday. Parliament is now ready to pass the law earlier this week.
The market correction that came last week offers stocks a chance to prepare on a bullish basis.
Just as the world moves out of the coronavirus epidemic to a normal economy, the next stock market boom could cause a big change.
Tesla (TSLA), Teladoc Health (TDOC) and Zoom Video Communications (ZM) have experienced huge growth over the past year. Perhaps they and other big companies will take huge strides again, but for now they seem to be damaged.
Tesla CEO Elon Musk said in a tweet on Saturday that Tesla Cybertruck will likely present updates such as design, price and delivery dates in the second quarter.
Tesla added that the first Cybertruck deliveries will be in 2022, but may vary depending on the Austin plant completion and battery improvements.
Musk also said the Self-Driving Beta will be widely available to Tesla owners in the next few days.
Tesla shares were down early Monday.
The Senate approved the $ 1.9 trillion Biden stimulus plan on Saturday!
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