Stocks were mixed in intraday trading on Monday as investors wondered whether the Biden White House will deliver another round of stimulus for the struggling U.S. economy.
Bloomberg reported that Chuck Schumer, the top Senate Democrat, said lawmakers would try to pass stimulus in a month at the earliest.
“We’ll try to get that passed in the next month, month and a half,” Schumer said with regard to pandemic aid. Bloomberg noted that would be just when jobless benefits from the last package will be running out.
If investors get the stimulus that Biden's proposed, how should they use them?
Jim Cramer has some advice in the video above.