Stock Futures Waver After Major Indexes Close at Record Highs
- Date: 09-Feb-2021
- Source: The Wall Street Journal
- Sector:Financial Markets
- Country:Middle East
Stock Futures Waver After Major Indexes Close at Record Highs
Feb. 9, 2021 3:41 am ET
U.S. stock futures were muted Tuesday, suggesting that the major stock indexes may take a breather after closing at record highs.
Futures tied to the S&P 500 and the Dow Jones Industrial Average were largely flat, while contracts on the tech-heavy Nasdaq-100 index ticked down 0.1%.
The yield on 10-year U.S. Treasurys slipped to 1.164%, from 1.159% on Monday. Bond prices and yields move in opposite directions.
House Democrats led by Speaker Nancy Pelosi (D., Calif.) are forging ahead with a coronavirus-relief spending plan.
Photo:
Stefani Reynolds - Pool Via Cnp/Zuma Press
House Democrats released the biggest piece of their coronavirus relief bill late Monday. They are offering a measure that would extend a $400-a-week unemployment insurance payment through Aug. 29 and send $1,400 per-person payments to most households without lowering the income thresholds