The ebbing economic momentum, which appears to have spilled over into the new year, could persuade the U.S. Congress to agree to President-elect Joe Biden’s ambitious $1.9 trillion fiscal stimulus plan.
U.S. S&P 500 E-minis were up 1 point, or 0.03pc at 8:06 a.m. ET, Dow E-minis were up 6 points, or 0.02pc, while Nasdaq 100 E-minis were up 2.25 points, or 0.02pc.
World stocks scaled new peaks after lawmakers and aides said that Congressional negotiators were closing in on a $900 billion COVID-19 aid bill in the United States.