S&P futures flat ahead of funding details on Biden's infrastructure plan

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REUTERS: S&P 500 futures were flat on Wednesday, as investors awaited details of how President Joe Biden would fund a massive infrastructure ...

REUTERS: S&P 500 futures were flat on Wednesday, as investors awaited details of how President Joe Biden would fund a massive infrastructure plan, while Wall Street headed for its fourth straight quarterly gain on signs of a strong economic rebound.

Unprecedented stimulus and a swift vaccine rollout in the United States have helped the S&P 500 and the Dow hit record closing highs last week. At 06:29 a.m. ET, Dow E-minis were down 43 points, or 0.13per cent, and S&P 500 E-minis were up 1.25 points, or 0.03per cent.Nasdaq 100 E-minis were up 68.5 points, or 0.53per cent, as Apple Inc rose 1.6per cent after brokerage UBS upgraded the stock to"buy" on stable long-term demand for iPhones with better authorized service providers.

 

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