Bitcoin, Moderna, FedEx, Google - 5 Things You Must Know Thursday
Congress appears closer to reaching a coronavirus aid package; Federal Reserve pledges continued support for economy; bitcoin crosses $23,000 for first time; Moderna vaccine goes before FDA advisory panel.
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1. Stock Futures Rise as Congress Closer to Stimulus Bill
Stock futures rose Thursday as congressional leaders appeared closer to agreeing to a coronavirus aid package and as the Federal Reserve said it would maintain monthly bond purchases until the economy makes substantial further progress.
Contracts linked to the Dow Jones Industrial Average were up 94 points, S&P 500 futures rose 17 points and Nasdaq futures gained 59 points. The tech-heavy Nasdaq closed at another record high on Wednesday.
Bitcoin, Moderna, FedEx, Google - 5 Things You Must Know Thursday TheStreet 12/17/2020
Here are five things you must know for Thursday, Dec. 17:
1. Stock Futures Rise as Congress Closer to Stimulus Bill
Stock futures rose Thursday as congressional leaders appeared closer to agreeing to a coronavirus aid package and as the Federal Reserve said it would maintain monthly bond purchases until the economy makes substantial further progress.
Contracts linked to the Dow Jones Industrial Average were up 94 points, S&P 500 futures rose 17 points and Nasdaq futures gained 59 points. The tech-heavy Nasdaq closed at another record high on Wednesday.
While the finishing touches of the $900 billion relief plan were still being worked out, some details of what will be included in the package have emerged.