New York Entertainment reports vaccine Bill New York

Media Stocks Lead Market Surge On Stimulus, Reopening, Streaming; AMC Entertainment, Discovery, Live Nation Pop

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deadline.com

Showbiz shares sparkled Monday starting off March with a major market rally around reopening, another vaccine rollout, a stimulus bill and a combo of upbeat earnings and streaming forecasts.Johnson & Johnson’s vaccine, the nation’s third, will ship this week and the possibility of $1.9 trillion flowing into the U.S.

economy looks increasingly likely after the House passed a Covid-19 relief bill over the weekend and sent it on to the Senate.The DJIA surged more than 700 points, or nearly 2.3% and other indexes jumped too with about 95% of all stocks higher today and entertainment a standout from exhibition to TV to live events.AMC Entertainment shares gained 14% with New York City set to reopen theaters Friday after a year dark.

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