Futures tracking the S&P 500 index hit a record high on Tuesday as investors shrugged off simmering U.S.-China tensions to bet on a stimulus-led ...
Futures tracking the S&P 500 index hit a record high on Tuesday as investors shrugged off simmering U.S.-China tensions to bet on a stimulus-led economic recovery from the COVID-19 pandemic.
At the current levels, the benchmark index is set to open about 12 points below its Feb. 19 record peak of 3,393.52.A rally in technology and tech-related companies including Amazon.com , Netflix Inc and Apple Inc that thrived during the shutdowns helped the Nasdaq reclaim its all-time high in June, while the blue-chip Dow remains about 6per cent below its peak.
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