Finance

Stock futures fall as House passes stimulus bill, but questions remain

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U.S. stock index futures fell in overnight trading after the House passed a $2.2 trillion coronavirus stimulus plan on Thursday night, despite Democrats and the Trump administration remaining divided on key items in the legislation.

Futures tied to the Dow Jones Industrial Average slid 100 points, indicating a 108-point loss at the open on Friday. S&P 500 futures fell 0.35%, while Nasdaq 100 futures declined by 0.28%. 

The bill likely will not get through the Republican-held Senate and become law. Senate Majority Leader Mitch McConnell has opposed the legislation as his caucus resists spending trillions more on the federal response to the pandemic. 

House Speaker Nancy Pelosi and…



Source cnbc.com

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