Dow futures edge up Sunday night as Congress strikes last-ditch, $900 billion coronavirus-aid pact

/ / News

U.S. stock-index futures attempted to edge higher but were seeing relatively muted gains Sunday night as Congress reached a deal on a $900 billion coronavirus relief package. Futures for the Dow Jones Industrial Average {s: ym00] rose 93 points, or 0.3%, at 30,210, those for the S&P 500 were flat at 3,707.50, while Nasdaq-100 futures rose 0.2% to reach 12,740.50. The agreement was seen as vital to helping troubled American workers and businesses as the COVID-19 pandemic rages in much of the country. The deal, which would see qualifying Americans receive direct payments of $600, come after the stock market closed mixed on Friday, in the last full trading week of December, with the Dow finishing 124.32 points, or 0.4%, lower at 30,179.05, the S&P 500 closed 13.07 points, or 0.4%, lower to end at 3,709.41, after hitting an intraday record high at 3,726.70. The Nasdaq Composite Index lost 9.11 points, or 0.1%, to close at 12,755.64, after notching an intraday all-time high at 12,809.60.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.