Meanwhile, investors are also optimistic Monday after leading Republican and Democrat lawmakers remained confident Sunday in reaching a deal, reports Karen Brettell for Reuters.
“There have been signs of life,” Jim Vogel, an interest rate strategist at FTN Financial, said in the Reuters article. “I think the big possibility to watch for is how much of a recovery we can create in equities, and then how long that holds.”
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Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own SPY.