Futures trade higher after S&P 500 snaps losing streak
- U.S. stocks look set to climb again, with Dow futures up 0.7% and S&P
500/Nasdaq futures ahead by 0.5%, after a bout of volatility that had
tested the market's monthslong rebound.
- Better-than-expected earnings from Nike and KB Home lifted sentiment
after the bell on Tuesday, with the sneaker giant seeing digital sales
grow 82%, driving the stock up 13% AH.
- In Washington, Jerome Powell and Steven Mnuchin urged more spending to
help the economy recover from the pandemic, and the Fed Chair will head
back to Capitol Hill today to testify about the government's pandemic
response.
- President Trump also confirmed the U.S. would not impose a lockdown to
curb the spread of the coronavirus after Boris Johnson walked back some
eased restrictions in England.
|Today, 5:54 AM
- U.S. stocks look set to climb again, with Dow futures up 0.7% and S&P
500/Nasdaq futures ahead by 0.5%, after a bout of volatility that had
tested the market's monthslong rebound.
- Better-than-expected earnings from Nike and KB Home lifted sentiment
after the bell on Tuesday, with the sneaker giant seeing digital sales
grow 82%, driving the stock up 13% AH.
- In Washington, Jerome Powell and Steven Mnuchin urged more spending to
help the economy recover from the pandemic, and the Fed Chair will head
back to Capitol Hill today to testify about the government's pandemic
response.
- President Trump also confirmed the U.S. would not impose a lockdown to
curb the spread of the coronavirus after Boris Johnson walked back some
eased restrictions in England.
|Today, 5:54 AM
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