businessUpdated: Dec 29, 2020, 21:58 ISTWall Street’s main indexes were set to open at fresh record highs on Tuesday as bets that fiscal aid will speed up a vaccine-led recovery in the economy boosted sentiment in the final days of the year. A proposal to increase the Covid-19 payment checks to $2,000 from $600 is before the Republican-controlled Senate, where it faces a much tougher path for approval. ET, Dow E-minis were up 125 points, or 0.41%, S&P 500 E-minis were up 14 points, or 0.38%. Shares of planemaker Boeing Co added 1.3% in pre-market trade as American Airlines was set to restart US 737 MAX commercial flights on Tuesday morning. Walt Disney Co gained 0.8% after a report that said Disney+ streaming service saw a jump in its mobile app downloads over the Christmas holiday.

Source: Hindustan Times December 29, 2020 16:30 UTC