Stocks Rebound After Manchin Walks Back Refusal To Support Biden $2,000 Stimulus Plan

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News Story Source: https://www.zerohedge.com, by Tyler Durden
MANCHIN TO EVALUATE BIDEN AID PLANS WHEN TIME COMES: AIDE

NBC reporter Sahil Kapur chimes in and tweets that "Manchin's spokesperson tells me he isn't drawing a red line against $2K checks, that he's open to hearing Biden admin's case for new payments but believes vaccine distribution should be a higher priority; he does prefer relief that's targeted to those who've lost their job."

He also elaborates that his "absolutely not" quote was meant as a response to whether $2,000 checks should be the #1 priority now; he's not with Schumer on that part, but doesn't promise to vote against more direct cash either."

Meanwhile, likely in response to panicked clients demanding to know if they should sell now, Goldman rushed out the following note seeking to calm investors, when all it had to do was just wait a few minutes for Manchin to walk it all back.

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