Light Trading on Christmas Eve

The stock market closes at 1 pm ET. Trading is pretty light today. There’s not much action going on. Trex (TREX) came within a few pennies of a new high. The stock is up 92% for us this year.

In Washington, they’re fighting again over stimulus. Democrats want to send $2,000 checks but many Republicans want smaller checks.

House Republicans on Thursday blocked a Democratic attempt to pass $2,000 direct payments to Americans, as the fate of the massive coronavirus relief package passed by Congress earlier in the week hangs in the balance.

The Democrats moved to increase the size of the checks after President Donald Trump threatened to oppose the $2 trillion pandemic aid and federal funding bill because it included only $600 in direct payments rather than $2,000.

Congress passed the proposal Monday after Trump took no role in weeks of talks. The plan included $900 billion in coronavirus relief.

Posted by on December 24th, 2020 at 10:50 am


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