What to watch today: Dow to open higher as Wall Street hopes for virus relief bill talks
- Date: 12-Aug-2020
- Source: CNBC
- Sector:Financial Markets
- Country:Oman
What to watch today: Dow to open higher as Wall Street hopes for virus relief bill talks
BY THE NUMBERSStock futures indicated opening gains as the S&P 500 and Dow Jones Industrial Average look to get back on track after a Tuesday afternoon sell-off brought about their first declines in eight sessions. Dow futures implied a roughly 250-point jump at the open. S&P 500 and Nasdaq futures were also higher. Republicans and Democrats have expressed a willingness to restart virus aid bill talks, which may be helping sentiment this morning. (CNBC) * Gold prices dive amid vaccine hopes and rising Treasury yields (CNBC) The Dow gave up 104.5 points, or .4%, Tuesday while the S&P 500 dropped 0.8% but is still within 2% of a fresh all-time high. The Nasdaq is now on a three-session losing streak, its longest in five months, after sinking 1.7%. The government is out with the July Consumer Price