Dow Jones Futures: Congress OKs Stimulus Deal, Apple, Peloton Rise After Stock Market Rally Rebounds From Key Level
Posted Date: December 22 2020
Dow Jones futures were little changed early Tuesday, along with S&P 500 futures and Nasdaq futures, after Congress approved a long-awaited stimulus deal. On Monday, the stock market rally staged a bullish rebound from morning losses, closing narrowly mixed.
After the close, workout-at-home leader Peloton (PTON) said it would buy exercise equipment maker Precor for $400 million. That will help Peloton ramp output of its cycles and treadmills, which have a long backlog of orders. Peloton stock jumped 7% early Tuesday.
After the close, workout-at-home leader Peloton (PTON) said it would buy exercise equipment maker Precor for $400 million. That will help Peloton ramp output of its cycles and treadmills, which have a long backlog of orders. Peloton stock jumped 7% early Tuesday.
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