House Speaker Nancy Pelosi told CNBC's Jim Cramer there is "real optimism" in Congress over a stimulus deal being reached. "We think the bill has moved sufficiently to the side of workers," she said.
Senate Minority Leader Chuck Schumer has also indicated he is hopeful a deal will be reached. Bottom line, investors cheered the apparent progress made in Washington. However, investors want to see the bill signed sooner rather than later.
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Here's what happened to the stock market on MondayStocks fell as Senate lawmakers failed to push through a massive fiscal stimulus package through a key procedural hurdle. DemocratDepression is happening Boeing $BA is up nearly 12% pricing in a government bailout. smh Thanks Pelosi.
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Boundless Fed bond-buying fuels stocks rebound, dollar recoilsGlobal equities rebounded on Tuesday, off near four-year lows, as investors pinned hopes on unprecedented stimulus steps by the U.S Federal Reserve and other policymakers to ease strains in financial markets
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