U.S. stock futures were flat in early trading Wednesday night as markets tried to build on recent strength in the Dow Jones Industrial Average and S&P 500.
The two indexes have just posted their first back-to-back gains since February. Fueling the rally is the hope that the White House and Senate will soon agree to a stimulus package to prop up markets as the coronavirus outbreak rages on.
Dow futures fell 1 point, indicating a loss of 44 points at the open. The S&P 500 and Nasdaq were also set to open modestly lower.
On Wednesday, the Dow climbed more than 2%, or 495.64 points to close at 21,200.55. Boeing and Nike fueled the 30-stock index, rising 24% and 9%, respectively. The S&P 500 also registered a gain, climbing 1.1%. The Nasdaq Composite was the relative underperformer, dipping 0.5% as Facebook, Amazon, Apple, Netflix and Google-parent Alphabet all closed lower.
Stocks rallied for much of the day after the White House and Senate agreed on a $2 trillion coronavirus stimulus…
