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2021-04-07

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2021-04-06

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Dow climbs 370 points to close at a record high amid optimism on the economic recovery

2021-04-02

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Biden Signs $1.9 Trillion Bill, Teeing Up Aid as Soon as Weekend

2021-03-12

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charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow climbs 370 points to close at a record high amid optimism on the economic recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow climbs 370 points to close at a record high amid optimism on the economic recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-06 08:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/04/stock-market-futures-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks climbed to record highs on Monday as a strong bounce in U.S. job growth and solid data in the services sector raised expectations for a swift economic recovery from the pandemic.The Dow ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/04/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/04/04/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1153914073","content_text":"U.S. stocks climbed to record highs on Monday as a strong bounce in U.S. job growth and solid data in the services sector raised expectations for a swift economic recovery from the pandemic.The Dow Jones Industrial Average rose 373.98 points to 33,527.19, a record closing high. The S&P 500 gained 1.4% to 4,077.91, also hitting a new record close. The tech-heavy Nasdaq Composite also climbed 1.7% to 13,705.59.The Labor Department reported Friday that nonfarm payrollsincreased by 916,000 in March, the highest since August 2020, while the unemployment rate fell to 6%. Economists surveyed by Dow Jones were expecting an increase of 675,000 and a jobless rate of 6%.Meanwhile, a measure of U.S. services industry activity soared to a record high in March. The Institute for Supply Management's non-manufacturing activity index jumped to a reading of 63.7 last month, the highest level in the survey's history.\"A 'Capital V' recovery that is in the early innings,\" said Tony Dwyer, Canaccord Genuity's chief market strategist. \"The only thing that could stand in the way would be another shutdown of the economy to contain new Covid-19 strains or a policy mistake by the Fed. Neither appear imminent.\"Tesla shares popped more than 4% as the electric vehicle company reportedproduction and delivery figuresthat broadly beat expectations.GameStop shares cut their double-digit losses and closed down about 2% after the video game retailer said it may sell up to$1 billion worth of stock.Classic reopening plays like airlines and cruise operators outperformed. Delta Airlines and United jumped more than 2% each, while Carnival and Norwegian Cruise Line gained 4.7% and 7.2%, respectively.Bond yields, whose sudden advance spooked some investors in recent weeks, continued to ease. The 10-year Treasury yield fell slightly to 1.71% on Monday.\"We expect equities and other risk assets to be supported by the new nominal — a more muted response of government yields to stronger growth and higher inflation than in the past as central banks lean against any sharp yield rises,\" Wei Li, global chief investment strategist at BlackRock, said in a note.The stock market is building on its recent strength after President Joe Biden introduced his multitrillion-dollar infrastructure proposal, which focuses on rebuilding roads, bridges and airports, expanding broadband access and boosting electric vehicle use and updating the country's electric grid. The plan will be funded partly by a hike in the corporate tax rate to 28%.Treasury Secretary Janet Yellen on Mondaypushed for a global minimum corporate taxin an effort to keep companies from relocating to find lower rates.However, Biden's plan faces opposition among Republicans as the $2 trillion plan includes initiatives that they say extend beyond traditional infrastructure issues.Republican Sen. Roy Blunt of Missouri on Sundayurged the Biden administrationto pare back the package to roughly $615 billion and concentrate on physical infrastructure such as roads and airports.Senate Minority Leader Mitch McConnell, R-Ky., said last week that Biden's plan would not receive Republican support and vowed to oppose the broader Democratic agenda.On the pandemic front, the U.S. reported another daily record of new Covid vaccinations Saturday, pushing the weekly average of new shots per day above 3 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340385692,"gmtCreate":1617339924016,"gmtModify":1704698996363,"author":{"id":"3557567300654428","authorId":"3557567300654428","name":"Andrewsssss","avatar":"https://static.tigerbbs.com/5e7df52c5f36f0a36154c6a01fc81765","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3557567300654428","idStr":"3557567300654428"},"themes":[],"htmlText":"Dividend play","listText":"Dividend play","text":"Dividend play","images":[{"img":"https://static.tigerbbs.com/7ba9a9e4839196f2824d3fa8c741d302","width":"750","height":"1405"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340385692","isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":328651336,"gmtCreate":1615523293725,"gmtModify":1704784057380,"author":{"id":"3557567300654428","authorId":"3557567300654428","name":"Andrewsssss","avatar":"https://static.tigerbbs.com/5e7df52c5f36f0a36154c6a01fc81765","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3557567300654428","idStr":"3557567300654428"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/328651336","repostId":"2118936670","repostType":4,"repost":{"id":"2118936670","pubTimestamp":1615493724,"share":"https://ttm.financial/m/news/2118936670?lang=&edition=fundamental","pubTime":"2021-03-12 04:15","market":"sg","language":"en","title":"Biden Signs $1.9 Trillion Bill, Teeing Up Aid as Soon as Weekend","url":"https://stock-news.laohu8.com/highlight/detail?id=2118936670","media":"Bloomberg","summary":"President Joe Biden on Thursday signed the $1.9 trillion pandemic-relief bill into law, capping his ","content":"<p>President Joe Biden on Thursday signed the $1.9 trillion pandemic-relief bill into law, capping his first major legislative achievement and allowing aid to flow to tens of millions of individuals, businesses and state and local governments.</p><p>Biden signed the bill in an Oval Office ceremony alongside Vice President Kamala Harris, one day sooner than expected. Congress sent the measure to Biden’s desk on Wednesday after the House passed it on a 220-to-211 vote along party lines. No Republicans supported the bill in the Senate, either.</p><p>Biden said that large majorities of Americans “strongly support” the bill. “This historic legislation is about rebuilding the backbone of this country,” he said.</p><p>Biden will hold a separate signing ceremony with congressional leaders Friday, Chief of Staff Ron Klain, said. White House Press Secretary Jen Psaki said that the event “will not be bipartisan.”</p><p>By advancing the signing, Biden can promote the benefits of the new law during his prime-time address to the nation later Thursday to mark the one-year anniversary of the day the World Health Organization declared a pandemic, and Covid-19 restrictions began to send the U.S. into an economy-crushing lockdown.</p><p>Psaki said that Americans will begin to see direct payments from the legislation “as early as this weekend.”</p><p><b>Next Package</b></p><p>The relief bill’s passage marked a significant political victory for the new president, who showed his command over a Democratic Party that controls Congress by razor-thin margins. Biden engaged in tough negotiations in the Senate, where he served for close to four decades, to win approval for the measure during a two-month long push to pass it into law.</p><p>His administration will spend the next week promoting the legislation, with trips by the president, vice president and their spouses across the country to highlight its impact. Biden will travel to Georgia on Friday, where two Democrats were elected to the Senate in January in part on promises that Americans would receive $2,000 in direct relief payments.</p><p>The new bill provides $1,400 to low- and middle-income families, adding to $600 included in stimulus legislation Congress passed in December.</p><p>“It’s a place, also, close to his heart,” Psaki said, but emphasized that Georgia will only be the beginning of Biden’s travel to laud the legislation.</p><p>The latest in global politicsGet insight from reporters around the world in the Balance of Power newsletter.EmailBloomberg may send me offers and promotions.Sign UpBy submitting my information, I agree to thePrivacy Policyand&nbsp;Terms of Service.</p><p>Biden’s attention will now turn to a longer-term recovery package featuring infrastructure and climate measures that could cost trillions of dollars more -- a program he touted during his 2020 campaign as crucial to pull the U.S. out of its pandemic-triggered recession. But the partisan divisions over the relief bill show the difficult road he faces in passing the next measure into law.</p><p>Under the just-passed law, most Americans will begin receiving $1,400 direct payments, with disbursal starting within days. The measure provides additional child-tax credits and new health-insurance subsidies while extending a $300 per week supplemental unemployment benefit into September. State and local governments will get more than $360 billion, cash-strapped union pension funds get a rescue, schools are set to receive money to speed re-opening and funds will go to ramp up vaccinations.</p><p>Democrats said the plan provides crucial relief, while Republicans blasted it for what they said was its excessive cost and focus on liberal priorities rather than direct pandemic assistance.</p><p>The Biden administration and Democrats are launching a campaign to tout the bill, including events headlined by the president, vice president and cabinet secretaries, White House deputy chief of staff Jen O’Malley Dillon said in a Wednesday memo.</p><p>Biden will visit the Philadelphia suburbs next Tuesday, while Harris plans to travel to Las Vegas and Denver on Monday and Tuesday, according to the White House. Harris plan to join Biden on his trip to Georgia next Friday.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden Signs $1.9 Trillion Bill, Teeing Up Aid as Soon as Weekend</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden Signs $1.9 Trillion Bill, Teeing Up Aid as Soon as Weekend\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 04:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-11/biden-to-sign-1-9-trillion-bill-thursday-speeding-up-enactment><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>President Joe Biden on Thursday signed the $1.9 trillion pandemic-relief bill into law, capping his first major legislative achievement and allowing aid to flow to tens of millions of individuals, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-11/biden-to-sign-1-9-trillion-bill-thursday-speeding-up-enactment\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-03-11/biden-to-sign-1-9-trillion-bill-thursday-speeding-up-enactment","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118936670","content_text":"President Joe Biden on Thursday signed the $1.9 trillion pandemic-relief bill into law, capping his first major legislative achievement and allowing aid to flow to tens of millions of individuals, businesses and state and local governments.Biden signed the bill in an Oval Office ceremony alongside Vice President Kamala Harris, one day sooner than expected. Congress sent the measure to Biden’s desk on Wednesday after the House passed it on a 220-to-211 vote along party lines. No Republicans supported the bill in the Senate, either.Biden said that large majorities of Americans “strongly support” the bill. “This historic legislation is about rebuilding the backbone of this country,” he said.Biden will hold a separate signing ceremony with congressional leaders Friday, Chief of Staff Ron Klain, said. White House Press Secretary Jen Psaki said that the event “will not be bipartisan.”By advancing the signing, Biden can promote the benefits of the new law during his prime-time address to the nation later Thursday to mark the one-year anniversary of the day the World Health Organization declared a pandemic, and Covid-19 restrictions began to send the U.S. into an economy-crushing lockdown.Psaki said that Americans will begin to see direct payments from the legislation “as early as this weekend.”Next PackageThe relief bill’s passage marked a significant political victory for the new president, who showed his command over a Democratic Party that controls Congress by razor-thin margins. Biden engaged in tough negotiations in the Senate, where he served for close to four decades, to win approval for the measure during a two-month long push to pass it into law.His administration will spend the next week promoting the legislation, with trips by the president, vice president and their spouses across the country to highlight its impact. Biden will travel to Georgia on Friday, where two Democrats were elected to the Senate in January in part on promises that Americans would receive $2,000 in direct relief payments.The new bill provides $1,400 to low- and middle-income families, adding to $600 included in stimulus legislation Congress passed in December.“It’s a place, also, close to his heart,” Psaki said, but emphasized that Georgia will only be the beginning of Biden’s travel to laud the legislation.The latest in global politicsGet insight from reporters around the world in the Balance of Power newsletter.EmailBloomberg may send me offers and promotions.Sign UpBy submitting my information, I agree to thePrivacy Policyand Terms of Service.Biden’s attention will now turn to a longer-term recovery package featuring infrastructure and climate measures that could cost trillions of dollars more -- a program he touted during his 2020 campaign as crucial to pull the U.S. out of its pandemic-triggered recession. But the partisan divisions over the relief bill show the difficult road he faces in passing the next measure into law.Under the just-passed law, most Americans will begin receiving $1,400 direct payments, with disbursal starting within days. The measure provides additional child-tax credits and new health-insurance subsidies while extending a $300 per week supplemental unemployment benefit into September. State and local governments will get more than $360 billion, cash-strapped union pension funds get a rescue, schools are set to receive money to speed re-opening and funds will go to ramp up vaccinations.Democrats said the plan provides crucial relief, while Republicans blasted it for what they said was its excessive cost and focus on liberal priorities rather than direct pandemic assistance.The Biden administration and Democrats are launching a campaign to tout the bill, including events headlined by the president, vice president and cabinet secretaries, White House deputy chief of staff Jen O’Malley Dillon said in a Wednesday memo.Biden will visit the Philadelphia suburbs next Tuesday, while Harris plans to travel to Las Vegas and Denver on Monday and Tuesday, according to the White House. 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow climbs 370 points to close at a record high amid optimism on the economic recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-06 08:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/04/stock-market-futures-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks climbed to record highs on Monday as a strong bounce in U.S. job growth and solid data in the services sector raised expectations for a swift economic recovery from the pandemic.The Dow ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/04/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/04/04/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1153914073","content_text":"U.S. stocks climbed to record highs on Monday as a strong bounce in U.S. job growth and solid data in the services sector raised expectations for a swift economic recovery from the pandemic.The Dow Jones Industrial Average rose 373.98 points to 33,527.19, a record closing high. The S&P 500 gained 1.4% to 4,077.91, also hitting a new record close. The tech-heavy Nasdaq Composite also climbed 1.7% to 13,705.59.The Labor Department reported Friday that nonfarm payrollsincreased by 916,000 in March, the highest since August 2020, while the unemployment rate fell to 6%. Economists surveyed by Dow Jones were expecting an increase of 675,000 and a jobless rate of 6%.Meanwhile, a measure of U.S. services industry activity soared to a record high in March. The Institute for Supply Management's non-manufacturing activity index jumped to a reading of 63.7 last month, the highest level in the survey's history.\"A 'Capital V' recovery that is in the early innings,\" said Tony Dwyer, Canaccord Genuity's chief market strategist. \"The only thing that could stand in the way would be another shutdown of the economy to contain new Covid-19 strains or a policy mistake by the Fed. Neither appear imminent.\"Tesla shares popped more than 4% as the electric vehicle company reportedproduction and delivery figuresthat broadly beat expectations.GameStop shares cut their double-digit losses and closed down about 2% after the video game retailer said it may sell up to$1 billion worth of stock.Classic reopening plays like airlines and cruise operators outperformed. Delta Airlines and United jumped more than 2% each, while Carnival and Norwegian Cruise Line gained 4.7% and 7.2%, respectively.Bond yields, whose sudden advance spooked some investors in recent weeks, continued to ease. The 10-year Treasury yield fell slightly to 1.71% on Monday.\"We expect equities and other risk assets to be supported by the new nominal — a more muted response of government yields to stronger growth and higher inflation than in the past as central banks lean against any sharp yield rises,\" Wei Li, global chief investment strategist at BlackRock, said in a note.The stock market is building on its recent strength after President Joe Biden introduced his multitrillion-dollar infrastructure proposal, which focuses on rebuilding roads, bridges and airports, expanding broadband access and boosting electric vehicle use and updating the country's electric grid. The plan will be funded partly by a hike in the corporate tax rate to 28%.Treasury Secretary Janet Yellen on Mondaypushed for a global minimum corporate taxin an effort to keep companies from relocating to find lower rates.However, Biden's plan faces opposition among Republicans as the $2 trillion plan includes initiatives that they say extend beyond traditional infrastructure issues.Republican Sen. Roy Blunt of Missouri on Sundayurged the Biden administrationto pare back the package to roughly $615 billion and concentrate on physical infrastructure such as roads and airports.Senate Minority Leader Mitch McConnell, R-Ky., said last week that Biden's plan would not receive Republican support and vowed to oppose the broader Democratic agenda.On the pandemic front, the U.S. reported another daily record of new Covid vaccinations Saturday, pushing the weekly average of new shots per day above 3 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