Lockdown fears, stimulus uncertainty drag stocks
Fox News contributor John Layfield gives his take on the market, arguing ‘conflicting forces’ are causing stocks to drag.
There is still time to receive a $1,200 Economic Impact Payment from the Internal Revenue Service (IRS), but the clock is ticking.
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Americans who have yet to receive a stimulus check and don't normally file a federal income tax return are required to submit their personal information by 3 p.m. ET on Saturday.
HUNDREDS OF COMPANIES THAT GOT STIMULUS AID HAVE FAILED
Each individual may also be eligible to receive a $1,200 payment for a spouse as well as $500 per child that meets the qualifications.
However, all is not lost if the deadline passes.
Payments will still be available in 2021, but claimants will have to list the stimulus as a recovery rebate credit on the upcoming 2020 federal income tax return.