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Morning Briefing: House approved a $3.5 trillion budget blueprint

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Moomoo Breakfast US wrote a column · Aug 25, 2021 18:25
Morning Briefing: House approved a $3.5 trillion budget blueprint
By Julianna
Hey, moomooers! Here are things you need to know before the opening bell:

-Stocks were higher Tuesday following a broad-based rally on news that U.S. regulators granted full approval for Pfizer-BioNTech's vaccine.

- Democratic lawmakers approved a $3.5 trillion budget blueprint and set a late-September vote on a roughly $1 trillion infrastructure bill, ending a standoff over President Biden's legislative priorities.

Market Snapshot
Stocks were higher Tuesday following a broad-based rally on news that U.S. regulators granted full approval for Pfizer-BioNTech's vaccine.
The $Dow Jones Industrial Average (.DJI.US)$ futures rose 16 points or less than 0.1%. The $S&P 500 Index (.SPX.US)$ futures added 3 points, and The $NASDAQ 100 Index (.NDX.US)$ futures gained 17.75 points.
Source: Bloomberg
Source: Bloomberg
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Best Buy just keeps getting better
$Best Buy (BBY.US)$ A return to bricks-and-mortar shopping is clearly helping the retailer, with revenue through its stores last quarter higher than with the pre-pandemic period even with fewer stores. At the same time, the share of online sales doubled over the same period.
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Key Events This Week
Morning Briefing: House approved a $3.5 trillion budget blueprint
Morning Briefing: House approved a $3.5 trillion budget blueprint
Source: CNBC, Dow Jones Newswires
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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