Stock futures gain ground as Congress moves closer to a stimulus deal
U.S. equity futures are pointing to a higher open when Wall Street begins trading on Tuesday as congressional and White House officials emerged from grueling negotiations at the Capitol over the $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday.
U.S. equity futures are pointing to a higher open when Wall Street begins trading on Tuesday as congressional and White House officials emerged from grueling negotiations at the Capitol over the $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday.
This comes after the Federal Reserve promised support to the struggling economy. The major futures indexes are indicating a gain of more than 3 percent or around 600 Dow points. The Fed promised to buy as many Treasurys and other assets as needed to keep financial markets functioning. Click here for more.
Other developments:
- Senate coronavirus stimulus package: What's in it
- Trump: 'America will soon be open for business — very soon'
- Coronavirus: Everything you need to know
- Senate coronavirus stimulus package: What's in it
- Trump: 'America will soon be open for business — very soon'
- Coronavirus: Everything you need to know
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