What to watch today: Dow set to rise after Covid restriction fears wiped out Monday’s gains

What to watch today: Dow set to rise after Covid restriction fears wiped out Monday’s gains

BY THE NUMBERSThe Dow was set to open higher Tuesday, one day after stocks gave up gains and closed lower. Fears of new Covid-19 mitigation measures ended up offsetting optimism around the Pfizer-BioNTech vaccine rollout. Despite dropping 184 points Monday, the Dow was still less than 1.2% from its Dec. 4 record high close. (CNBC)The dragging talks on new Covid economic stimulus didn't help inspire Wall Street on Monday as a group of bipartisan lawmakers split their $908 billion rescue package into two bills in hopes of getting something through the GOP-controlled Senate and Democratic-held House before the end of the year. (CNBC)* 'It's an economic war:' Warren Buffett urges Congress to extend relief for small businesses (CNBC)The Federal Reserve, which has been prodding Capitol Hill and the White House to agree on more relief, begins its final two-day policy meeting of 2020 on Tuesday. Interest rates near zero are not expected to be changed Wednesday afternoon, but expanded bond buying could be on the table. (CNBC)Prevail Therapeutics (PRVL) shares soared more than 80% in the premarket after Eli Lilly (LLY) announced a deal to buy the gene therapy developer for $880 million or $22.50 per share. Prevail shareholders also