These Retail Stocks Are Rising as Congress Nears Approval of $2 Trillion Coronavirus Aid Deal

Shares of several brick-and-mortar retail chains were moving up on Wednesday afternoon, as Congress and the Trump administration neared agreement on a $2 trillion deal intended to support the U.S. economy through the coronavirus pandemic.

Here's how these three retail stocks were performing as of 3 p.m. EDT on Wednesday:

While it's not immediately clear whether (or how much) these three companies will benefit directly from the economic-rescue package, it's clear that all three (and many other companies) will benefit if the post-pandemic economy recovers quickly, avoiding a protracted recession.

Continue reading

Source Fool.com