U.S. Stock Futures Rising amidst Relief Package Talks Drama

U.S. Stock Futures Rising amidst Relief Package Talks Drama

Investors are closely monitoring developments of U.S. stimulus aid package talks. President Donald Trump said talks had resumed, and House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are expected to meet again today.

  • Optimism rose in global stock markets, Shanghai Composite Index increased 1.7% while the SZSE Component Index is up 3.0% 
  • Hong Kong’s Hang Seng is down 0.3% while Japan’s NIKKEI fell 0.1%
  • European stocks higher despite PM1 data sluggish, Stoxx 600 Index up 0.2%, while U.K. FTSE 100 and France’s CAS 40 also gaining

U.S. stocks look promising on renewed stimulus package talks. S&P futures is up 0.8%, DJI is up 0.43%

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