Get ready for $178 billion of selling ahead of the capital-gains tax hike. These are the stocks most at risk.

NEED TO KNOW Avid readers of this column may have had a sense of déjà vu on Thursday. Last month, a Need to Know column explored what would pay for President Joe Biden’s infrastructure spending — and quoted a former Biden aide, Evercore ISI analyst Sarah Bianchi, who said it would “probably include nearly doubling capital-gains taxes on those with income over $1 million.

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  Stock market news live updates: Stock futures rise, shaking off capital gains tax increase concerns

  Yahoo Finance
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  Stock market news live updates: Stocks sink after report says Biden will propose higher capital gains tax on the wealthy

  Yahoo Finance

Honeywell tops profit, sales expectations, as aerospace's sales miss offset by other segment beats

Honeywell International Inc. reported Friday first-quarter profit and sales that topped expectations, as a sales miss by the industrial conglomerate's aerospace business was offset by beats in all of the other business segments. The stock slumped 1.0% in premarket trading. Net income fell to $1.45 billion, or $2.03 a share, from $1.61 billion, or $2.21 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share came in at $1.92, above the FactSet consensus of $1.80. Sales were little changed at $8.45 compared with $8.46 a year ago, but beat the FactSet consensus of $8.08 billion. Aerospace sales fell 22% to $2.63 billion, missing the FactSet consensus of $2.73 billion; performance materials sales slipped 2% to $2.35 billion but beat expectations of $2.28 billion; safety and productivity sales jumped 49% to $2.12 billion, above expectations of $1.79 billion; and building technologies sales grew 6% to $1.36 billion to top forecasts of $1.29 billion. The company raised its 2021 outlook for adjusted EPS to $7.75 to $8.00 from $7.60 to $8.00 and for sales to $34.0 billion to $34.8 billion from $33.4 billion to $34.4 billion. The stock has tacked on 7.8% year to date through Thursday, while the S&P 500 has gained 10.1%.

Already got your third stimulus check? A bonus amount may be on the way

The IRS is sending out "plus-up" payments — see if you can expect one.

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  Stimulus checks: IRS sends 2 million more payments in latest round

  Yahoo Money
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  When will more 'plus-up' payments arrive? Nearly 700,000 catch-up checks this week went to people who qualify for more stimulus money

  USA TODAY