U.S. Stocks May Open Sharply Higher On Report Of Infrastructure Plan, Retail Sales Data

Following the substantial rebound seen over the course of the previous session, stocks are likely to see further upside in early trading on Tuesday. The major index futures are currently pointing to a sharply higher open for the markets, with the Dow futures up by 762 points.

The upward momentum has been attributed to a report from Bloomberg indicating the Trump administration is preparing a nearly $1 trillion infrastructure proposal as part of an effort to support the economy following the coronavirus pandemic.

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by RTTNews Staff Writer

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