Infrastructure Stocks Rally After Biden Infrastructure Plan Passes

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 MoranThe Epoch TimesThe 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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