Dow futures edge higher Sunday evening as Fed's Powell says coronavirus vaccine is key but don't 'bet against American economy'
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U.S. stock-index futures rose slightly Sunday evening as Federal Reserve Chairman Jerome Powell said that Americans need to prepare for a tough road ahead in...
the aftermath of the COVID-19 pandemic but said he wouldn't bet against the domestic economy's ability to persevere through the most significant public-health crisis in more than a century. "In the long-run and even in the medium-run, you wouldn't want to bet against the American economy," Powell said, speaking during an interview with CBS' "60 Minutes" program, which was slated to air Sunday. Futures for the Dow Jones Industrial Average YMM20, +0.84% were up 46 points, or 0.2%, at 23,562, those for the S&P 500 index ESM20, +0.81% were up 0.2% at 2,853, while Nasdaq-100 futures NQM20, +0.70% were gaining 0.3% at 9,119. Moves for futures comes after the…
Mark DeCambre
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