Sat. Jan 16th, 2021

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Wall Street stocks undergoing few changes

1 min read

European shares

U.S. stock futures were largely unchanged early Thursday morning as investors awaited news on stimulus negotiations and the vaccine approval process.

Futures contracts tied to the Dow Jones Industrial Average dipped 28 points. S&P 500 futures were also mildly lower, while those for the Nasdaq 100 were in slightly positive territory.

The move in futures came after a relatively quiet day on Wall Street as investors monitored developments in Washington about a possible stimulus bill. During Wednesday’s session, the Dow and S&P 500 gained 0.2%, while the Nasdaq Composite slipped 0.1%. The slight move higher for the S&P 500 resulted in a new record high.

On Capitol Hill, House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer issued a joint statement calling on Republicans to work with them on another round of Covid relief funding, using a bipartisan proposal from Senate moderates as a starting point.

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