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Now, let's dig in! Image Source: CNBC It's the last week of trading for 2020, and so far, it's off to a good start. All three major averages were looking at increases on Monday, with the Dow rising .7%, and both the S&P 500 and the Nasdaq soaring .8%.
The positive movement followed President Donald Trump's signature on the $900 billion virus relief package that prevented a government shutdown and secured more money for millions of struggling Americans.
Other Hot Market News... How you could make an absolute fortune with this one stock
Image Source: CNBC Today at 5 p.m., the House will determine whether or not they wish to override the president's veto of the 2021 National Defense Authorization Act, a $740 billion defense bill that has not been vetoed in almost six decades.
Among one of the features that President Donald Trump takes issue with, is that the legislation did not "make any meaningful changes to Section 230 of the Communications Decency Act," which essentially protects Big Tech from being responsible for user content.
Although both chambers initially passed the legislation by a vast majority, the President suggested that it was actually a grave threat to the country's security and election integrity.
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