Despite ongoing concerns over rising inflation and interest rates, U.S. stock futures were largely stagnant on Monday evening ahead of a key congressional meeting on Tuesday. The meeting will focus on President Biden’s proposed $2 trillion infrastructure plan, which has drawn criticism from Republicans over its cost and proposed tax increases. Investors are also closely watching the ongoing vaccine rollout and broader economic recovery, with some experts predicting a surge in economic growth as restrictions continue to lift and consumer spending ramps up. The Dow Jones Industrial Average, S&P 500, and Nasdaq all closed slightly down on Monday, but futures for all three indexes remained largely unchanged as of Monday evening.
US Stock Futures Remain Steady Ahead of Congressional Meeting
U.S. stock futures were little changed on Monday evening, as all eyes on Wall Street turn to a Tuesday meeting between congressional leaders and White House officials on President Biden's infrastructure proposal.
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