The Dow Jones Industrial Average fell on Friday after the Federal Reserve’s decision to not extend a pandemic-era capital break for banks stoked a rise in bond yields and a sell-off in financial stocks.
The blue-chip Dow slid 234.33 points, or 0.7%, to 32,627.97, pressured by Visa and JPMorgan. The S&P 500 dipped 0.1% to 3,913.10, closing off its lowest level of the day when it fell 0.7%. The Nasdaq Composite gained 0.8% to 13,215.24 as investors bought the dip in tech shares. Facebook gained 4%, while Amazon and Netflix rose about 1.5% each.
Last week, the Senate approved the nearly $2 trillion COVID-19 stimulus bill, which will now make its way back to the House before getting signed into law. If the most recent version of the bill stands, it could bring your family far more money than the past two COVID-19 relief bills have — beyond just a third stimulus check. The American Rescue Plan Act of 2021 does include a third stimulus check
President Joe Biden has signed the $1.9 trillion COVID-19 relief bill into law, and the IRS will start sending out the third stimulus check as soon as this weekend— here’s how to track your payment. In this round, unlike the first two, nearly 13.5 million more dependents will qualify for the third check of up to $1,400 each — the same amount as adults.
The rules and details surrounding dependent qualifications, taxes and more can get confusing, depending on
If the nearly $2 trillion COVID-19 relief bill currently working its way through the Senate becomes law, it could bring your family far more money than past bills have — and not just in the form of a third stimulus check. The American Rescue Plan Act of 2021 does include a third stimulus check of up to $1,400 per person, but it also expands the Child Tax Credit and provides funding for affordable
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