Skip to Content
Market Update

What the American Jobs Plan Means for Stocks

The path to passing the plan may have changed, but its expected impact on the market has not.

As with any major initiative out of Washington, the $2 trillion-plus American Jobs Plan--consisting of a wide range of infrastructure spending priorities--has been undergoing intense negotiations between the Democratic and Republican parties. Now, following a surprise move in which the Senate parliamentarian issued guidance that essentially limits the Democrats to only one more reconciliation bill this year, the paths to how these initiatives will come to fruition have changed.