U.S. Stock Futures Rise as Stimulus Talks Weighed: Markets Wrap

(Bloomberg) — U.S. equity futures climbed after the White House appeared to shift tack and signaled the Trump administration is again leaning toward a large-scale stimulus bill. The dollar fell.S&P 500 contracts were about 0.6% higher following news that Treasury Secretary Steven Mnuchin told Nancy Pelosi that President Donald Trump wants agreement on a comprehensive aid package. Shares in Japan and Australia dipped, while rising in Hong Kong. Chinese equities advanced as markets reopened after a week-long holiday. The offshore yuan climbed following a stronger-than-anticipated daily currency fixing.The U.S. benchmark earlier closed up despite conflicting comments from Trump and Pelosi …read more

Source:: Yahoo Finance

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