Dow hits record high as infrastructure bill lifts cyclicals – www.amny.com

Dow hits record high as infrastructure bill lifts cyclicals

From www.amny.com
2021-11-08 15:50:32

Excerpt:

The Dow hit a record high on Monday as the passage of a $1 trillion infrastructure bill lifted industrials, materials and other economy-focused sectors, while Tesla fell on top boss Elon Musk’s plan to sell about a tenth of his stake.

Six of the 11 major S&P 500 sector indexes were higher in early trading after Congress on Saturday passed the long-delayed infrastructure bill hailed by President Joe Biden as a “once in a generation” investment.

“I think there is investor interest once again in the industrial and material sectors now that the infrastructure package has been passed,” said Sam Stovall, chief investment strategist at CFRA Research in New York.

Read Full Article

Leave a Reply

Your email address will not be published.

Another Judge Stops Military Enforcement of Vaccine Mandate

Following a Texas Judge stopping the prosecution of soldiers for not getting vaccinated, another judge, this one in Florida, has also stopped the prosection of two soldiers that refused to get the vaccine for religious reasons. Military can’t discipline officers for refusing vaccine, Florida judge rules From www.tampabay.com 2022-02-07 18:36:52 Excerpt:    In a stinging […]

Read More

Biden’s SCOTUS Lead is Gitmo Terror Suspect Advocate

It appears the leading candidate for the position of black-woman-SCOTUS, Judge Ketanji Brown Jackson, has your typical far left background, a background that includes open hostility towards the basic institutions of the American republic, like the Bill of Rights.  This judge also has a bonus background nugget in the form of a former client she […]

Read More

Peng Shuai Makes Forced Appearance at Beijing 2022

The virtually disappeared Chinese tennis star Peng Shuai made another awkward forced interview appearance during the Beijing Olympics.  Her appearance is a reminder of a list of well-known Chinese celebrities that have disappeared after crossing the Comminust Party.  None of them are bigger than China’s former version of Elon Musk, Jack Ma, who was last […]

Read More