U.S. stock index futures edged higher on Friday as optimism around an economic rebound next year outweighed concerns around an expected surge in coronavirus infections during the Thanksgiving holiday.
Wall Street's main indexes have gained more than 10per cent this month as investors bet on a sooner-than-expected COVID-19 vaccine and calmer global trade under President-elect Joe Biden, setting the S&P 500 for its best November ever.A rotation into sectors such as industrials and financials, deemed to benefit from an economic recovery, has also powered the Dow to record highs and put it on track for its biggest monthly gain since 1987.
Reopening after the Thanksgiving holiday, the Dow e-minis were up 0.18per cent by 7:02 a.m. ET. The S&P 500 e-minis were up 0.20per cent, and the Nasdaq 100 e-minis were up 0.37per cent.
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