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Trump's Trillion Dollar Infrastructure Plan Sends These Stocks Soaring
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On Tuesday night, President Donald Trump gave his first address to a joint session of Congress, and during the speech, the president called on Congress to approve a $1 trillion infrastructure bill to create “a new program of national rebuilding.”
While the president offered few specifics about his plan, it was a move toward delivering on a campaign promise to fix the United States’ roads and highways. He said the bill will create “millions of new jobs.”
“America has spent approximately $6 trillion in the Middle East, all this while our infrastructure at home is crumbling. With this $6 trillion we could have rebuilt our country--twice. And maybe even three times if we had people who had the ability to negotiate.”
“Crumbling infrastructure will be replaced with new roads, bridges, tunnels, airports and railways gleaming across our beautiful land,” President Trump said.
As a result, infrastructure stocks are popping on Wednesday. As of 10:46 AM CT:
Infrastructure stocks also saw a boost back when Trump won the election in November, with many industry giants seeing nice gains the day after. Other sectors up today include financials, energy, and materials, with JPMorgan (JPM - Free Report) and Exxon Mobil (XOM - Free Report) contributing the most gains to the Dow Jones, up 3.26% and 2.25%, respectively, in late morning trading.
To watch the president’s full address to Congress, click here.
Everything You Need to Know About Snapchat BEFORE It Goes Public
You may be curious about the buzz surrounding Snap Inc.'s IPO on March 2. With the company expected to be valued around $22 billion, it is expected to be the largest IPO since 2014. But should you snap up this tech stock on Day 1? In the 2017 IPO Watch List, you'll get an inside look at Snap's exciting prospects and potential challenges.
You'll also learn about 4 other exciting tech companies with jaw-dropping growth. Each could go public in the coming months. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the latest scoop. Download this IPO Watch List today for free >>
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Trump's Trillion Dollar Infrastructure Plan Sends These Stocks Soaring
On Tuesday night, President Donald Trump gave his first address to a joint session of Congress, and during the speech, the president called on Congress to approve a $1 trillion infrastructure bill to create “a new program of national rebuilding.”
While the president offered few specifics about his plan, it was a move toward delivering on a campaign promise to fix the United States’ roads and highways. He said the bill will create “millions of new jobs.”
“America has spent approximately $6 trillion in the Middle East, all this while our infrastructure at home is crumbling. With this $6 trillion we could have rebuilt our country--twice. And maybe even three times if we had people who had the ability to negotiate.”
“Crumbling infrastructure will be replaced with new roads, bridges, tunnels, airports and railways gleaming across our beautiful land,” President Trump said.
As a result, infrastructure stocks are popping on Wednesday. As of 10:46 AM CT:
Infrastructure stocks also saw a boost back when Trump won the election in November, with many industry giants seeing nice gains the day after. Other sectors up today include financials, energy, and materials, with JPMorgan (JPM - Free Report) and Exxon Mobil (XOM - Free Report) contributing the most gains to the Dow Jones, up 3.26% and 2.25%, respectively, in late morning trading.
To watch the president’s full address to Congress, click here.
Everything You Need to Know About Snapchat BEFORE It Goes Public
You may be curious about the buzz surrounding Snap Inc.'s IPO on March 2. With the company expected to be valued around $22 billion, it is expected to be the largest IPO since 2014. But should you snap up this tech stock on Day 1? In the 2017 IPO Watch List, you'll get an inside look at Snap's exciting prospects and potential challenges.
You'll also learn about 4 other exciting tech companies with jaw-dropping growth. Each could go public in the coming months. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the latest scoop. Download this IPO Watch List today for free >>