Finance

What happened to the stock market Monday: Dow rallies, Nasdaq struggles

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The “Fearless Girl” statue stands in front of the New York Stock Exchange (NYSE) at Wall Street on June 29, 2020 in New York City.

Angela Weiss | AFP | Getty Images

Dow Jones Industrial Average rises 357 points

Trump signs executive orders on coronavirus relief

Over the weekend, President Donald Trump signed executive orders that continue the distribution of expanded unemployment benefits, defer student loan payments through 2020 and provide a payroll tax holiday. Still, Trump’s orders face a legal challenge as continuing the programs would require federal funding, which Congress controls. “While this move by Trump may lead to legal challenges, politically it puts pressure on Congress to…



Source cnbc.com

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