U.S. Stocks Jumped on Monday, and the S&P 500 Closed at a 10-Week High, on Encouraging Early-Stage Data for a Potential Coronavirus Vaccine and on the Promise of More Stimulus to Lift an Economy Beaten Down by the Pandemic. Drugmaker Moderna Inc. (mrna.o) Surved 19.96% After the Company Said Its Experimental Covid-19 Vaccine Showed Promising Results in a Small Early-Stage Trial. (Reuters) the government is expanding the budget for the National Economic Recovery Program (PEN) to address the negative impact of the Covid-19 Coronavirus Pandemic on the Economy. As a result, the budget deficit swelled from the initial plan in presidential regulation (Perpres) No. 54/2020. Finance Minister Sri Mulyani Indrawati Said, the total budget for this reached program Rp 641.17 trillion, double the Ministry of Finance`s initial proposal of Rp 318.09 Trillion during a working meeting with the House Commission XI. Therefore, this year`s budget deficit is estimated to reach 6.27% of GDP or equivalent to Rp 1,028.5 trillion. (Cash) Source: Danareksa Securities Debt Research