Futures little changed after Dow posts best day since July on stimulus optimism

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Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 9, 2020.

Bryan R. Smith | Reuters

U.S. stock index futures were little changed in overnight trading after the Dow posted its best day in months as investors await updates on the ongoing fiscal stimulus discussions.

The major averages rose sharply on Wednesday after President Donald Trump tweeted support for aid to airlines and other stimulus measures, stoking hopes that a smaller aid package could be passed by lawmakers.

The Dow Jones Industrial Average gained 530.7 points, or 1.9%, for its best day

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Fed’s Kashkari warns delaying stimulus will have ‘enormous consequences’

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Minneapolis Federal Reserve President Neel Kashkari became the latest central banker to warn against not getting more stimulus to the U.S. economy, saying that the cost of doing nothing could be major.

As the impasse in Washington intensifies, Kashkari told CNBC that workers, businesses and governments need more cash from Congress.

“There are enormous consequences if we just let things go, and the downturn will end up being much worse,” he said on “Squawk Box.” “If we don’t support people who have lost their jobs, then they can’t pay their bills and then it ripples through the economy and the

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September 2020 was the hottest on record worldwide

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The crew of the U.S. Coast Guard Cutter Healy, in the midst of their ICESCAPE mission, retrieves supplies for some mid-mission fixes dropped by parachute from a C-130 in the Arctic Ocean.

Kathryn Hansen | NASA | Reuters

September 2020 was the warmest month on record worldwide, with this year set to be one of the five hottest in recorded history, scientists with the Copernicus Climate Change Service announced on Wednesday.

Rising global temperatures driven by climate change have been accompanied by countless climate disasters. Just this year, record-setting wildfires scorched the U.S. West, coupled with one of the most

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Stock futures dip after stimulus hopes squashed by Trump

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U.S. stock futures moved lower in overnight trading on Tuesday after President Donald Trump called off stimulus talks until after the November election. 

Dow futures fell 130 points. S&P 500 futures and Nasdaq 100 futures fell 0.53% and 0.5%, respectively.

In regular trading on Tuesday, the Dow Jones Industrial Average closed down 375 points after Trump tweeted the White House is halting talks with Democrats about a second coronavirus stimulus deal. Earlier in the session, stocks rallied in hopes that there would be a second relief package to prop up markets as the coronavirus outbreak rages on.

“I have instructed

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