Here’s what we’re watching ahead of Thursday’s opening bell.
—S&P 500 futures gained 0.1%, potentially extending Wednesday’s advance, which lifted the index to its second-highest level in history. Futures linked to the Dow Jones Industrial Average added 0.3%. Read our full market wrap here.
What’s Coming Up
—President-elect Joe Biden is due to give a speech outlining the scale of his proposed spending package to support households and businesses through the pandemic.
— Progress Software will deliver its latest quarterly results after the close.
—Weekly new jobless claims out this morning are expected to still be high with accelerating Covid-19 cases leading to more restrictions. Forecasts for 800,000 new claims would be slightly above last week’s 787,000.