J&J, Microsoft, Micron, Chipotle, Bitcoin - 5 Things You Must Know Thursday TheStreet 2 days ago
Here are five things you must know for Thursday, April 1:
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1. Stock Futures Rise After Biden Announces Massive Spending Plan
Stock futures were higher Thursday after President Joe Biden announced a $2.25 trillion infrastructure spending plan but gains were tempered by fresh lockdowns in France and Canada s Ontario province.
Contracts linked to the Dow Jones Industrial Average rose 43 points, S&P 500 futures were up 14 points and futures on the tech-heavy Nasdaq jumped 135 points.
Biden s infrastructure proposal includes a doubling of federal funding for public transportation, $650 billion for clean water and high-speed broadband, more than $500 billion in spending on manufacturing, and $400 billion for improved care for the elderly and people with disabilities.
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