At
06:34 a.m. ET, Dow E-minis rose 129 points or 0.43%, S&P 500
E-minis gained 16 points or 0.43% and Nasdaq 100 E-minis added
46.25 points or 0.36%.
Wall Street's main indexes ended at all-time highs on Monday,
with pandemic-battered stocks leading the gains after U.S.
President Donald Trump signed a long-awaited $2.3 trillion
fiscal bill, restoring unemployment benefits to millions of
Americans and averting a federal government shutdown.
Unprecedented monetary as well as fiscal stimulus and positive
vaccine data have helped the S&P 500 recover from a virus-led
crash in March.
The benchmark index is looking at its best fourth-quarter
performance since 2011 as investors returned to
economically-sensitive stocks from the so called 'stay-at-home'
plays on hopes of economic recovery.
The Democratic-led U.S. House of Representatives on Monday
approved a proposal to increase the COVID-19 payment checks to
$2,000 from $600, sending the measure for a vote in the
Republican-controlled Senate on Tuesday, where it faces a much
tougher path for approval.
Trading volumes is expected to remain light in a historically
strong final week for equities, with worries over mutating
coronavirus strain and upcoming U.S. Senate runoffs in Georgia
posing as short-term concerns.
Shares of planemaker Boeing Co added 0.6% in pre-market trade as
American Airlines was set to restart U.S. 737 MAX commercial
flights on Tuesday morning.
(Reporting by Devik Jain and Supriya R in Bengaluru; Editing by
Arun Koyyur)
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