3 Stocks That Should Soar on Another Stimulus Package
Investors have been walking on eggshells waiting for news out of Washington this week.
Stocks have largely soared on anticipation of a second stimulus package out of Congress, likely to be worth between $1.5 and $2 trillion. If it passes, it will include another round of $1,200 checks for individuals -- Treasury Secretary Steven Mnuchin said he and House Speaker Nancy Pelosi had come to an agreement on that measure. While the two parties are still at odds on other components of the relief deal, including the size of the funding, political interests seem to be pushing Congress to get it done before the election.
Over the five sessions ended October 1, the S&P 500 gained 4.1% while the Nasdaq Composite jumped 6.1% on hopes for more stimulus.
Source Fool.com
