Biden says gun violence in U.S. is an epidemic, unveils executive actions and calls for national red flag law

 

• President Biden announced a series of executive actions aimed at reducing gun violence, while urging Congress to pass broader gun-control legislation.
• The actions were unveiled in the wake of a recent spate of mass shootings across the country, including a deadly attack Thursday in South Carolina.
• The actions direct the Justice Department to craft a rule addressing untraceable “ghost guns” and to publish example “red flag” legislation for states.
• Biden also called for a national red-flag law.

MARKETS Stock futures are in positive territory following Biden’s infrastructure speech

U.S. stock futures nudged higher early Thursday as Wall Street looked to build on a solid March following the rollout of President Joe Biden’s infrastructure plan.

Futures tied to the Dow Jones Industrial Average pointed to an opening gain of about 50 points. S&P 500 futures rose 0.3% and Nasdaq 100 futures climbed 0.9%.

The move in futures came after Biden introduced his multitrillion-dollar infrastructure proposal. The plan includes spending on roads and bridges as well as green energy and water system upgrades.

This marks the second major spending push of Biden’s presidency after he signed a $1.9 trillion relief and stimulus bill on March 11.

“With the American Rescue Plan, we’re meeting immediate emergencies. Now it’s time to rebuild,” Biden said on Wednesday.

 https://www.cnbc.com/2021/03/31/stock-market-futures-open-to-close-news.html