Tilman Fertitta's Stock Market Bet Is Paying Off -- for SPAC Investors

Tilman Fertitta's Stock Market Bet Is Paying Off -- for SPAC Investors

The stock market gained ground Tuesday morning, closing the first half of 2020 on a positive note. Although plenty of uncertainty remains, investors have adopted a generally upbeat tone, expecting further efforts to help stimulate the economy and keep stocks moving higher. The S&P 500 (SNPINDEX: ^GSPC) gained 22 points to 3,075, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) picked up 108 points to 9,982.