⁍ Dow up 0.53%, S&P adds 0.21%, Nasdaq off 0.16%.


⁍ Investors look for signs that Washington was close to agreeing on more fiscal stimulus.


⁍ Pelosi, Mnuchin to continue stimulus talks on Tuesday.


⁍ BioNTech jumps on rolling EU review of vaccine candidate.


– The Dow Jones Industrial Average and the S&P 500 were poised for a higher open on Tuesday, helped by a rebound on Wall Street after last week’s steep losses. The Dow fell more than 400 points on Friday, its largest single-day drop in nearly a year, as investors worried about rising US interest rates and a trade war with China. The S&P 500 and the Nasdaq dropped about the same amount. On Monday, the Dow and the S&P 500 hit their highest levels in more than two weeks while the Nasdaq hit its highest level in more than a month, Reuters reports. “Investors have grown more hopeful that lawmakers would reach a compromise on a new stimulus deal,” said Art Hogan, chief market strategist at National Securities in New York. Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke by phone on Monday about fresh relief measures and were preparing to talk again on Tuesday.



Source: https://www.reuters.com/article/usa-stocks/us-stocks-sp-dow-futures-edge-higher-with-eyes-on-more-stimulus-idUSL4N2GX26V