Railroad stocks…. Don’t say bo

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Orangejus
2021-06-25

Railroad stocks…. Don’t say bojio..

Construction firms, steelmakers jump on Biden deal but many hurdles remain

Caterpillar (CAT+2.6%) and Vulcan Materials (VMC+3.3%) ranked among today's biggest gainers afterPre

Construction firms, steelmakers jump on Biden deal but many hurdles remain

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edgewise
·2021-06-25
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Don’t say bojio..","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/122900360","repostId":1156973335,"repostType":4,"repost":{"id":"1156973335","kind":"news","pubTimestamp":1624590020,"share":"https://www.laohu8.com/m/news/1156973335?lang=&edition=full","pubTime":"2021-06-25 11:00","market":"us","language":"en","title":"Construction firms, steelmakers jump on Biden deal but many hurdles remain","url":"https://stock-news.laohu8.com/highlight/detail?id=1156973335","media":"seekingalpha","summary":"Caterpillar (CAT+2.6%) and Vulcan Materials (VMC+3.3%) ranked among today's biggest gainers afterPre","content":"<ul>\n <li>Caterpillar (CAT+2.6%) and Vulcan Materials (VMC+3.3%) ranked among today's biggest gainers afterPresident Biden announced an infrastructure dealwith a bipartisan group of centrist senators.</li>\n <li>Other relevant gainers include&nbsp;MLM+2.5%,SUM+4.3%,GVA+4.9%,MTZ+3.5%,ROAD+3.5%,ASTE+3.8%,FLR+4.5%,J+2.5%,DY+5.8%,GLDD+3.6%,AQUA+2.3%,PRIM+4%,ACM+3.1%,PWR+2.5%,OSK+2.1%,EXP+1.4%.</li>\n <li>Steel producers rose across the board:X+3.4%,CLF+3.2%,NUE+2%,STLD+2.1%.</li>\n <li>Also:AA+3.8%,CENX+3.5%,CMC+4%.</li>\n <li>The agreement features $579B of spending above expected federal levels and a total $973B of investment over five years - $1.2T if continued over eight years.</li>\n <li>Passage is by no means assured: The bill excludes spending on education, health care and poverty issues, which Democrats will try to push through in a separate budget maneuver later this summer - and passing two complex bills through different procedures at the same timewill present a difficult challenge.</li>\n <li>The deal framework does not contain new money for electric vehicle rebates but would spend $15B for EV charging stations and electric school buses.</li>\n <li>The agreement does not include a per mile fee on electric vehicles or index gasoline taxes to adjust for inflation.</li>\n <li>Blink Charging (BLNK+4.1%) rallied on the news, but most EV-related stocks fell, includingCHPT-3%,WKHS-2.6%,RIDE-1.8%,GOEV-1.8%,LI-1.6%,FSR-1.2%.</li>\n <li>The plan also could be threatened by tight supplies of some materials, and the companies that pave the roads and build the bridges appear to have made few plans to meet those needs.</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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