Stock futures rise, adding to Wednesday’s gains, as Congress confirms Biden election

A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York June 9, 2014. REUTERS/Carlo Allegri

U.S. stock futures rose on Thursday as Congress confirmed the election of Joe Biden as president. Gains were muted following a sizable rally on Wednesday.

Dow Jones Industrial average futures added 72 points, or 0.2%. S&P 500 futures rose 0.4% and Nasdaq 100 futures gained 0.6%.

On Wednesday, the Dow climbed more than 400 points or 1.4% to close at a record as investors digested what a Democratic-held Congress would mean for stocks and largely looked past riots at the U.S. Capitol. The S&P 500 rose 0.57%, hitting an intraday all-time high during the session.

During Wednesday’s trading session, markets were seemingly unaffected by the chaos in Washington caused by pro-Trump rioters at the U.S. Capitol. Read More