Higher futures following the U.S. House passing the $1.9 trillion Covid relief bill proposed by President Joe Biden point to a positive start for the U.S. market Monday morning.
The drop in bond yields is another positive for stocks this morning. The yield on the U.S. 10-year Treasury dropped to around 1.43 percent, well off a high of 1.55 percent seen last week.
The Dow futures are rising 0.93 percent, the S&P futures are up 1.05 percent and the Nasdaq futures are climbing 1.2 percent.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.