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Dow Jones
By Joe Wallace
U.S. stock futures edged higher Tuesday as investors cautiously welcomed signs of progress in negotiations over an economic relief package in Washington.
Futures tied to the S&P 500 rose 0.6%, suggesting the benchmark stocks gauge may open higher after falling for a fourth consecutive day on Monday. Futures for the technology-heavy Nasdaq-100 index ticked up 0.5%.
A bipartisan group of lawmakers urged Congressional leaders on Monday to forge ahead with a $748 billion-spending package that would avoid the thorniest issues holding up a deal. Investors have been closely monitoring prospects for a fresh stimulus bill offering support to households and businesses hit by the Covid-19 pandemic. Congress is running out of time to strike a deal before the year-end holiday season.