FIVG - President Biden's American Job Plan & the ETFs that can be affected

President Joe Biden has unveiled a $2T American Jobs Plan. The plan will have massive infrastructure implications that will affect numerous stocks and exchange traded funds. The plan will target many different areas of the United States infrastructure, but some of the critical areas are transportation, broadband, water, and clean energy.Regarding the transportation sector, fixing highways, rebuilding bridges, upgrading ports, airports, and transit systems are all a focus of the plan. Within the program, it states that it will "modernize 20,000 miles of highways, roads, and main-streets."A few transportation-related exchange traded funds that can be affected by this plan are iShares Transportation Average ETF (IYT), SPDR S&P Transportation ETF (XTN), and First Trust Nasdaq Transportation ETF (FTXR).Broadband is a crucial coverage area within President Biden's plan as well. Broadband is referred to as the new form of electricity in the project. The President's package "prioritizes building "future proof" broadband infrastructure in unserved and underserved

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President Biden’s American Job Plan & the ETFs that can be affected