Top Stories

Futures flat as investors wait on Congress to pass stimulus bill

0


U.S. stock futures were flat in early trading Wednesday night as markets tried to build on recent strength in the Dow Jones Industrial Average and S&P 500.

The two indexes have just posted their first back-to-back gains since February. Fueling the rally is the hope that the White House and Senate will soon agree to a stimulus package to prop up markets as the coronavirus outbreak rages on.

Dow futures fell 1 point, indicating a loss of 44 points at the open. The S&P 500 and Nasdaq were also set to open modestly lower.

On Wednesday, the Dow climbed more than 2%, or 495.64 points to close at 21,200.55. Boeing and Nike fueled the 30-stock index, rising 24% and 9%, respectively. The S&P 500…



Source cnbc.com

Coronavirus relief bill was ‘worth the day wait’

Previous article

Lowe’s CEO Marvin Ellison says sales have been up during coronavirus pandemic

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Top Stories