Stock futures jump after Senate passes $1.9 trillion Covid relief bill, Dow futures up 200 points

Futures contracts tied to the Dow Jones Industrial Average jumped 219 points, or 0.7%. Those for the S&P 500 and the Nasdaq 100 composite gained 0.5% and 0.6%, respectively.$1.9 trillion economic relief and stimulus bill on Saturday

, paving the way for extensions to unemployment benefits, another round of stimulus checks and aid to state and local governments. The Democrat-controlled House is expected to pass the bill later this week. President Joe Biden is expected to sign it into law before unemployment aid programs expire on March 14.

The fresh round of government spending could cause ripples in the U.S. Treasury market, where the benchmark 10-year yield has risen sharply in recent weeks. TheThe rapid move in the bond marked has unnerved equity investors as well, contributing to weakness in stocks with high valuations. Futures contracts tied to the 10-year Treasury price fell 0.2% on Sunday night at the open of trading, implying higher yields.

"10-year yields finally caught up to other asset markets. This is putting pressure on valuations, especially for the most expensive stocks that had reached nosebleed valuations," Mike Wilson, the chief U.S. equity strategist at Morgan Stanley, said in a note.

Stock futures 'jump' turned into stock losses when markets opened. For reasons like this:

Who's gonna investigate this market manipulation gamestop by rich elite

It's not reflecting on Risevest 😪

So, they like irrational spending and large deficits.

Only to drop 2%. Lol I am loving my cash position right now. The stimulus money is coming inti crypto this time.

I’ve trusted you Nicole_Crypto1 with my owe life and property ever since I started working with you. Your trustworthiness has really made me stay. Thanks I really appreciate it.

Makes total sense. I'd jump, too, if suddenly a bunch of money was coming my way.

Check again

jesserpound No, Dow futures up 30. S&P and Nasdaq down. So I guess your article is a joke?

HBAR people

Yea, they jump extremely red as the 10 yr spikes 😂. CAPM, APT, DCF and WACC numbers and models have all been thrown into a washing machine. Valuations are going to change significantly if yield control isn’t enacted alongside more stimulus money. Not hard to explain why.

Um where?

WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!

Investors! There is only ONE the most important thing you need to know about StockMarket - WE ARE IN THE BIGGEST STOCKMARKET BUBBLE IN HISTORY!!! 196% Ratio of StockMarket CAP to GDP!!! SIGNIFICANTLY OVERVALUED!!! DON'T LOSE YOUR MONEY!!!

Time for an amendment requiring a balanced budget. It matters not which party is in control the budget deficit grows. SenRickScott marcorubio RepCharlieCrist

So it’s artificially inflated?

And let it flow into Cardano 👊💥

ONElovee141 Boooo 👎🏾 Bitcoin CARDANO Ethereum is the new 🌊 DeFi

LFG! I bought stocks every day last week when everyone was panic selling!

Not for long

CNBC will be fear mongering over yield curves again tomorrow and the bond market. They will do everything necessary to make sure the markets are red

If you are thinking in real terms stocks can be down even if they are up nominally.

legacybuilder88 Whoops... 10% for Bog boards and 25% for OTC.Let’s do this.....

'Look out above!'

Who is more rich with ithis? You No . People seeing Netflix and waiting Easy money while banks and politicans Buy back shares. Silent people but All happy.

10 year at around 1.55 so we will see how this plays out throughout Monday.

Unleash the hounds!

Oil up 2% Stocks not up for long

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When $1,400 stimulus checks will arrive now that Senate has passed Biden's $1.9T packageThe legislation will now be sent back to the House of Representatives for approval before it can be signed into law by the president—a process that lawmakers pledge will happen before March 14, when current unemployment benefits are set to expire. All I am asking is for a RT You don't know me and I don't expect anything, but it never hurts to ask. Any help is appreciated. Thank you. I didn't qualify for 1 last time and not gonna get one this time income based i believe in helping other a& the government knows once this health emergency ends the real pain begins evictions , bills due . light bill , student loans , inflation and unemployment gone wait for it
Source: Newsweek - 🏆 468. / 52 Read more »

Biden's $1.9T relief package, including $1,400 stimulus checks, passed in SenateVotes fell largely along party lines, with all 48 Democrats and the two independents that caucus with them supporting the package and 49 Republicans objecting. Anybody can hand out money that’s borrowed, doesn’t belong to them and has to be paid back by someone else. Razor wire and fencing for me and no border walls for thee? Clowns that got in by cheating ? We think so.
Source: Newsweek - 🏆 468. / 52 Read more »

Biden, Dems prevail as Senate OKs $1.9T virus relief billAn exhausted Senate narrowly approved a $1.9 trillion COVID-19 relief bill as President Biden and his Democratic allies notched a victory they called crucial for hoisting the country out of the pandemic and economic doldrums. The vote was 50-49. What sort of people vote against giving relief to the people they are supposed to protect? Protect ha! 🤔 Dems voting against min wage increase disgust me. These poor essential workers over the past year will be affected the most. A reminder from down here in Georgia🍑 what made this possible...
Source: AP - 🏆 728. / 51 Read more »

Senate Democrats Push for Capital-Gains Tax at Death With $1 Million ExemptionProgressive Senate Democrats suggested that their new plan to tax unrealized capital gains at death should come with a $1 million per-person exemption How incredibly generous of them to omit $1 million in already taxed income. Will they also omit the pennies in their eyes? Now wait for the carve outs that benefit government employees and their crony friends. ♪ No e' mi culpa que yo tenga fuego, baby Si aquí yo tengo a todo el mundo crazy Las nena' y los nene' ‘tán llamando Y yo sé qué e' lo que ‘tán buscando ♪ Anitta
Source: WSJ - 🏆 98. / 63 Read more »

Senate Democrats propose capital-gains tax at death with $1 million exemptionA group of senators proposed a plan Monday to get rid of the co-called 'step-up in basis' and tax unrealized capital gains at death. Yes daddy and mummy can leave you a FREE 1 million! Who’s going to whine about getting a free million? Tax the rest at 50% ! We don't buy bitcoin We earn bitcoin From Mining I'm ready to show 10 lucky people on how to earn 1BTC (59,000) and more daily! No referral No withdrawal fees Interested people only Kindly send us a DM
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