The market is feeling more comfortable with the possibility of a stimulus bill being passed in the near future after President Donald Trump signaled support for more aid on Friday.
 | FRI, OCT 09, 2020 | | | | DOW | | NAME | LAST | CHG | %CHG | | AAPL | 116.97 | +2.00 | +1.74% | | MSFT | 215.81 | +5.23 | +2.48% | | INTC | 52.82 | -0.55 | -1.03% | |
| | S&P 500 | | NAME | LAST | CHG | %CHG | | GE | 6.84 | +0.19 | +2.86% | | AAPL | 116.97 | +2.00 | +1.74% | | AMD | 83.10 | -3.41 | -3.94% | |
| | NASDAQ | | NAME | LAST | CHG | %CHG | | AAPL | 116.97 | +2.00 | +1.74% | | AMD | 83.10 | -3.41 | -3.94% | | AAL | 13.20 | +0.04 | +0.34% | |
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The market is feeling more comfortable with the possibility of a stimulus bill being passed in the near future after President Donald Trump signaled support for more aid on Friday.
Trump tweeted that "Covid Relief Negotiations are moving along." He later told radio talk show host Rush Limbaugh that he'd "like to see a bigger stimulus package frankly than either the Democrats or Republicans are offering."
The major averages rose broadly on those comments, capping off their best weekly performance in months.
 To be sure, Senate Majority Leader Mitch McConnell indicated that it's "unlikely" that a new bill will be passed in the roughly three weeks remaining before the Nov. 3 presidential election.
Economists and market experts have been calling for more relief to help keep the economic recovery going.
"While consumer data has been resilient overall, thanks to fiscal aid padding people's wallets, we'll likely need more fiscal stimulus for any strength to continue," Lindsey Bell, chief investment strategist at Ally Invest, said in a note to clients.
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