U.S. stock futures move higher as Senate passes budget proposal

U.S. stock futures rose early Friday after the Senate adopted a budget for the next fiscal year, a move that is seen as paving the way for tax reform. Dow Jones Industrial Average futures gained 76 points, or 0.3%, to 23,190, while S&P 500 futures rose 6.25 points, or 0.2%, to 2,566.75. Nasdaq-100 futures gained 16.75 points, or 0.3%, to 6,114.75. The Senate passed the budget blueprint late Thursday in a 51-49 vote. Wall Street stocks have been moving higher since the election of U.S. President Donald Trump last year, with gains driven in part by hopes for tax reform.

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From:: Stock Market News

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