U.S. stock futures nudged higher early Thursday as Wall Street looked to build on a solid March following the rollout of President Joe Biden’s infrastructure plan.
Futures tied to the Dow Jones Industrial Average pointed to an opening gain of about 50 points. S&P 500 futures rose 0.3% and Nasdaq 100 futures climbed 0.9%.
The move in futures came after Biden introduced his multitrillion-dollar infrastructure proposal. The plan includes spending on roads and bridges as well as green energy and water system upgrades.
This marks the second major spending push of Biden’s presidency after he signed a $1.9 trillion relief and stimulus bill on March 11.
“With the American Rescue Plan, we’re meeting immediate emergencies. Now it’s time to rebuild,” Biden said on Wednesday.
https://www.cnbc.com/2021/03/31/stock-market-futures-open-to-close-news.html
