2021-02-16 16:50:49
stocks are seen pushing higher Tuesday, continuing recent gains amid growing confidence the country’s ramped-up vaccination program will lead to a prompt economic recovery.
At 7:25 AM ET (1225 GMT), the Dow Futures contract was up 200 points, or 0.6%, S&P 500 Futures traded 21 points, or 0.5%, higher, and Nasdaq 100 Futures climbed 68 points, or 0.65%.
The U.S. stock market was closed on Monday for Presidents Day, but February is still on track to be the strongest month for the major Wall Street indices since November.
Stock markets have benefited from the expectation of additional stimulus from the new administration, with a $1.9 trillion package working its way through Congress, as well as its focus upon delivering vaccinations to the American public as quickly as possible.
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