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Goldman Sachs, Janet Yellen, Tesla, Coherent, Netflix - 5 Things You Must Know Tuesday
TheStreet
1/19/2021
Here are five things you must know for Tuesday, Jan. 19:
1. Stock Futures Trade Higher Ahead of Yellen Testimony
Stock futures were higher Tuesday as Janet Yellen, President-elect Joe Biden s nominee for Treasury secretary, prepared to tell Congress that lawmakers must do more to lift the U.S. economy out of the recession brought on by the coronavirus pandemic.
Contracts linked to the Dow Jones Industrial Average rose 189 points, S&P 500 futures were up 26 points and Nasdaq futures gained 116 points.
Yellen, who served as chair of the Federal Reserve from 2014 to 2018, will tell the Senate Finance Committee that Congress must act big on the next coronavirus relief package with borrowing costs so low. ....

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