Here are five things you must know for Tuesday, Jan. 26:
1. — Stock Futures Waver on Worries Stimulus Package Could Be Delayed
Stock futures wobbled Tuesday as market sentiment was dented on the possibility that a U.S. coronavirus relief package could be delayed.
Contracts linked to the Dow Jones Industrial Average rose 25 points, S&P 500 futures declined 2 points and Nasdaq futures were down 26 points ahead of earnings reports from some of the biggest tech companies.
Senate Majority Leader Chuck Schumer said Monday an aid package was unlikely before mid-March. That is when federal unemployment benefits authorized by last $900 billion package will expire.
President Joe Biden said he was open to negotiations on his proposed $1.9 trillion plan to send $1,400 to most Americans and deliver other support for the economy, including funds for vaccine distribution.
A bipartisan group of…