HEINY - Wall Street Breakfast: Futures Point To Rebound As Trump Talks Tax Cut
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Stocks set the stage to open higher following the S&P 500’s worst day since the financial crisis after President Trump said he’ll discuss a payroll tax cut with Congress and that he’s considering other relief measures. S&P futures are up 4.5%, the Dow futures rose 4.4%, and Nasdaq futures are up 4.6%. Treasurys retraced some of yesterday’s surge as 10-year yield added 22 basis points