What to watch today: Stocks to rise as S&P 500 approaches new record high

What to watch today: Stocks to rise as S&P 500 approaches new record high

BY THE NUMBERSStock futures pointed to opening gains today as the benchmark S&P 500 approaches a fresh record high for the first time since February. Dow futures implied a gain of more than 250 points at the opening bell, while S&P and Nasdaq futures also were in the green. (CNBC) * Treasury yields rise as stimulus hopes, U.S.-China tensions persist (CNBC) The S&P is riding a seven-day win streak, its longest since April 2019, and is less than 1% away from the record high it set on Feb. 19. The 30-stock Dow, which rose 357 points Monday, also has mounted a seven-session win streak and now sits at its highest level since Feb. 24. The tech-heavy Nasdaq has closed lower for two consecutive trading days. The government is out with the July Producer Price