S&P futures climb for eighth straight day

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U.S. stock index futures rose on Monday for the eighth session in a row as bets on an economic revival backed by prolonged central bank support ...

U.S. stock index futures rose on Monday for the eighth session in a row as bets on an economic revival backed by prolonged central bank support fueled risk appetite, setting the benchmark S&P 500 for its best August in over three decades.

The Federal Reserve's commitment to tolerate inflation and keep interest rates low, signs of progress in developing vaccines and treatments for COVID-19 and demand for tech-focused stocks have helped the S&P 500 and Nasdaq hit consecutive all-time highs recently.

 

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