Finance

Stock futures edge higher as investors await stimulus bill, more earnings

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U.S. stock futures edged higher on Wednesday early morning as investors watched for progress from Washington on a new coronavirus stimulus package.

The White House and Democratic congressional leaders have reported some progress in the negotiations, but they remain apart on some issues.

Dow futures added 69 points. S&P 500 and Nasdaq-100  futures also edged marginally higher.

“I think the expectation for the market is that we are going to get that stimulus,” Ally Invest’s Lindsay Bell said on CNBC’s “Closing Bell” on Tuesday. “There may be a few weeks of waiting while these folks don’t get their extra benefits or there may be uncertainty around evictions and that uncertainty could lead to…



Source cnbc.com

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