Infrastructure Stocks Rally After Biden Infrastructure Plan Passes

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President Joe Biden speaks about the bipartisan infrastructure bill in the State Dinning Room of the White House, Saturday, Nov. 6, 2021, in Washington. (AP Photo/Alex Brandon)
Andrew Moran The Epoch Times The S&P 500 closed above 4,700 Nov. 8, recording a fresh record high after Congress approved President Joe Biden’s infrastructure spending proposal. The Dow Jones Industrial Average and the Nasdaq composite also touched new all-time highs. During a raucous Nov. 5 on Capitol Hill, the House of Representatives passed a $1.2 trillion bipartisan infrastructure bill. The legislation, which received a final vote of 228–206, now heads to President Biden’s desk for his signature. “We took a monumental step forward as a nation,” President Biden told reporters Nov. 6. “We did something that’s long overdue … a once-in-a-generation investment that’s going to create millions of jobs modernizing infrastructure, our roads, our bridges, our br
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