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(Updates with House to take up coronavirus bill Wednesday) By Makini Brice WASHINGTON, March 9 (Reuters) - The U.S. House of Representatives will take.
Boeing monthly aircraft orders outpace cancellations for first time since 2019 (SPY +1.8%). Tech comeback rally gains steam as Tesla up 10%.
Here is the current market situation from CNN Money
North and South American markets are sharply higher today with shares in U.S. leading the region. The S&P 500 is up 1.87% while Mexico s IPC is up 1.58% and Brazil s Bovespa is up 1.01%.
What Is Moving the Markets
Here are the headlines moving the markets.
China Carbon Market Set For Explosive Growth Chinas carbon emissions market is set to expand 30 times over the next ten years, reaching $25 billion by 2030, Bloomberg reports, citing an analysis by Citi. The Chinese national ETS [emissions trading system] as currently rolled out should play a limited role in reducing emissions at first, Citi analyst Tracy Liao said, as quoted by Bloomberg. We expect a series of developments to transform Chinas ETS into the worlds largest effective carbon trading scheme and a key building block of t
House Expected to Vote Wednesday on Altered COVID-19 Relief Package
The House of Representatives expects to vote on Wednesday on the Senate-passed version of President Joe Biden’s COVID-19 relief package.
House Democrat leaders expect to hold a procedural vote late Tuesday before voting on the bill at 9 a.m., House Majority Leader Steny Hoyer (D-Md.) told colleagues in a note.
The House Committee on Rules was meeting on Tuesday at noon to discuss the Senate’s alterations to the package in preparation for the votes.
The House passed the bill last week and the Senate passed it on Saturday. But senators made changes, including decreasing the supplemental weekly unemployment aid by $100 to $300 a week. Senators also lowered the ceiling for a fresh round of stimulus checks. Under the altered version of the package, only individuals making $75,000 or less can receive the full $1,400. And people making over $80,000 won’t get a check.
US House to vote Wednesday on Biden s $1 9 trillion COVID-19 package thepeninsulaqatar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepeninsulaqatar.com Daily Mail and Mail on Sunday newspapers.