CHECK THE MARKET

Many Americans used coronavirus stimulus check money to trade stocks

Kassidy Vavra, News Reporter

Published: 4:18, 22 May 2020
Updated: 6:03, 22 May 2020

MANY Americans spent their coronavirus stimulus check to trade stock, new data shows.

Stock trading the week many people received their stimulus check was up as much as 90 percent compared to the week before, revealing the link between the two, CNBC reported.

reported.

– but it's expected to be shredded in the senate.

Mock-up of a coronavirus stimulus checkCredit: Alamy Live News

Although many Americans have already spent their stimulus money, some are – although that may not come for weeks.

One new survey also showed that 82 percent of while lockdowns last.

– but it has yet to move forward in the House.

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