Future contracts for the Dow Jones rose 79 points, while the futures for the S&P 500 and tech-heavy Nasdaq Composite edged higher into positive territory.
U.S. stocks are set to open higher on Tuesday after a weak session on Wall Street yesterday as Democrat House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin edged towards a breakthrough on a stimulus deal. Future contracts for the Dow Jones rose 79 points, while futures for the S&P 500 and tech-heavy Nasdaq Composite edged higher into positive territory, reflecting the tentative optimism over a stimulus deal. In their latest coronavirus stimulus talks, Pelosi and Mnuchin were said to have made some progress on a relief bill, according to Pelosi’s office. The pair are planning to speak further on Tuesday. In a nearly one-hour phone call, they « continued to narrow their differences, » the California Democrat’s spokesman, Drew Hammill, said in a tweeted statement.
