Stocks Surge on Congressional Aid

The stock market is up strongly this morning. It seems that news from the Federal Reserve failed to get the market going, but news of fiscal stimulus is finally working.

As I write this, the S&P 500 is up over 6.5%. I saw that over 140 stocks in the index are up more than 10% today.

That’s good to see but bear market rallies love to convince folks that the coast is clear before hitting them again.

Posted by on March 24th, 2020 at 11:22 am


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