{"id":418911,"date":"2021-06-07T08:37:28","date_gmt":"2021-06-07T03:07:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=418911"},"modified":"2021-06-07T09:06:14","modified_gmt":"2021-06-07T03:36:14","slug":"wall-street-investors-eye-washington-talks-after-big-rally-in-infra-shares","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/wall-street-investors-eye-washington-talks-after-big-rally-in-infra-shares\/","title":{"rendered":"Wall Street: Investors eye Washington talks after big rally in infra shares"},"content":{"rendered":"<p>NEW YORK (Reuters) &#8211; Investors will watch Washington in the coming week for clues on whether an outsized rally in shares of companies that would benefit from President Joe Biden&#8217;s proposed $1.7 trillion infrastructure plan has more room to run. <\/p>\n<p>Expectations of spending from Washington on bridges, roads, and tunnels bolstered so-called value stocks, especially the industrials and materials sectors, both up around 20% this year, ahead of the 12.5% gain for the S&amp;P 500.<\/p>\n<p>Among the biggest winners have been shares of United States Steel Corp, up nearly 200% since the start of the year, while steel producer Nucor Corp&#8217;s stock has gained around 104%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK (Reuters) &#8211; Investors will watch Washington in the coming week for clues on whether an outsized rally in shares of companies that would benefit from President Joe Biden&#8217;s proposed $1.7 trillion infrastructure plan has more room to run. Expectations of spending from Washington on bridges, roads, and tunnels bolstered so-called value stocks, especially the industrials and materials sectors, both up around 20% this year, ahead of the 12.5% gain for the S&amp;P 500. Among the biggest winners have been shares of United States Steel Corp, up nearly 200% since the start of the year, while steel producer Nucor [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-418911","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=418911"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418911\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=418911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=418911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=418911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}