ARKX - Wall Street Breakfast: Eyes On Infrastructure
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Eyes on infrastructureStock index futures are mixed in early morning trading with politics in focus. Nasdaq 100 futures (NDX:IND) are up 0.1%, while Dow futures (INDU) are off 0.2% and S&P futures (SPX) are flat. Treasury yields are also little changed, with the 10-year up 1 basis point to 1.73%. President Joe Biden will travel to Pittsburgh today to unveil plans for an overhaul of infrastructure and manufacturing. Details are reportedly still being ironed out, but the plan would be another injection of stimulus into the economy. The cost is a major concern for GOP lawmakers, though, as are plans to partially pay for the plan with tax increases.ADP will report its measure of private sector employment before the bell, with economists predicting a rise of
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Wall Street Breakfast: Eyes On Infrastructure