Politicians have been trying, what that means in reality is unknown, to get a stimulus agreement passed and the rumors from the Hill have sent the market up. Pelosi and Mnuchin still have some issues where the gap remains wide. Millions of Americans have lost their jobs and need this stimulus package. Markets may pause once again awaiting a "real deal."
Futures are down about 350 points on the Dow this morning on the news that the President has tested positive for Covid-19. We expect this to be a knee-jerk reaction by the markets and tech stocks to move up after the initial market reaction.