Welcome to the Jill on Money Coronavirus Market update. We are presented by Marcus by Goldman Sachs.

Well, you know, this has been an incredible day. What we did get is a very early

morning announcement that the Senate had come to a deal. We are recording this at

433 Eastern time on Wednesday. So markets are closed.

Stocks had jumped through most of the day, but we closed about, let's call it 1% higher for the S&P, a little bit more for the Dow 2%, that's because Boeing just like cranked up and Boeing's a big component at the Dow.

All right, so what happened here? What has happened is it looks like the Senate has come to an agreement on a deal.

And what that really means for you is that you're going to have to go check out the website, our website, Jill on Money, under Reed, we have

the Pandemic Lifelines blog post, which we're going to update. But basically, this has been an incredible day. We have an announcement where there's going to be about a $2 trillion deal.

Checks sent to individuals who make up to $75,000, $150,000 for a couple, $500 per kid.

I'm trying to find out if that kid limit is capped.

I mean, if you have eight kids, do you get eight five hundred dollar checks that would be interesting

anyway for a lot of people the expansion of unemployment is going to be huge. It is now covering those self-employed gig workers,

freelancers. That's an amazing benefit. Small companies, large corporations, are going to be able to get some relief.

So check it out. It's Jill on Money.com.

We'll keep updating that.

You know, it's a work in progress until they really vote on a final measure.

But it's Jill on Money.com.

Click on the read tab and lifelines.

That's what we got.

Okay?

So if you've got a financial question, we would love to hear from you.

Our email address is ask Jill at Jill on Money.com.

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