We will see another round of direct payments (this time for $1,400). With a Democratic lead, the legislation is expected to pass.Īlthough the sheer size and scope of the bill has sparked a fair share of the inflation concerns, the proposal also promises to spark the economy. House of Representatives are set to vote on the bill. Why? The $1.9 trillion stimulus proposal is making its way to the finish line. Now that the sense of panic is subsiding, investors are hungrily searching for these opportunities. History tells us that when the Nasdaq quickly falls into correction territory, the months that follow deliver delightful gains. As Myles Udland wrote for Yahoo Finance this morning, it makes sense.

Investors bought on the dip, and continue to pile into opportunities.

This list includes tech darlings like insurance play Lemonade (NYSE: LMND) and C3.ai (NYSE: AI). The sun is still shining, and investors are still buying the dip.Īs we reported yesterday, even though the major indices are recovering from a selloff, several stocks remain deep in the hole for 2021. What Will the Stock Market Do Today? Buy the Dip. So what else will the stock market do today? Take a look at these three top stories. MediciNova (NASDAQ: MNOV), a little-known biopharma, is rallying after receiving a deal from BARDA. Other top movers today include Sundial Growers (NASDAQ: SNDL), which is falling after a retail investor rally yesterday. If you want to get in on the hype, here is a list of 12 things to know. It resonates with younger consumers, and promises to expand its revenue sources now that it is public. The gaming and game developing platform saw huge growth in the first months of the Covid-19 pandemic. In all seriousness, Roblox is proving to be quite powerful.

Roblox ipo stock price