On a down day for the
Alcoa (NYSE:AA) closing 6.9% higher,
U.S. Steel (NYSE:X) rising 7.3%, and
You can probably thank President Joe Biden for that.
Image source: Getty Images.
So what
The president, as you ve probably heard, has proposed that Congress pass a $2 trillion infrastructure bill to rebuild the nation s roads and bridges, water supply systems, electric grid, and even telecommunications systems. And as
The Boston Globe noted this week, getting this bill passed has become the Biden administration s singular focus. Biden and the Senate have effectively cleared their plate for this single item from now until September, when the Senate, they hope, will try to pass it under the rules of a budget reconciliation process, the
Why Alcoa, United States Steel, and Freeport-McMoRan Stocks Surged Today
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As steel prices soar, construction sector hurts
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