US Stocks Rally After Kudlow Says Trump Approved a Stimulus Deal
In an interview with Fox Business on Friday, Director of the US National Economic Council and Trump advisor Larry Kudlow announced that Trump had approved a revised Coronavirus stimulus plan.
While all of the details have not been divulged, sources say that Treasury Secretary Steve Mnuchin will present a $1.8 Trillion Covid-19 Relief Plan counteroffer to House Speaker Nancy Pelosi today.
Speculation that a new stimulus package may be coming through shortly has resulted in a rally in the US stock market.
Photo Source: Alexander Naumann