U.S. Stock Futures Rise Ahead of Yellen’s Testimony

U.S. stock futures and international indexes were broadly higher Tuesday ahead of Janet Yellen’s testimony before a Senate committee where she is expected to support higher spending on coronavirus relief.

Futures tied to the S&P 500 gained 0.6%, and contracts linked to the Nasdaq-100 advanced 0.9%.

The Stoxx Europe 600 gained 0.4% in morning trade. Energy and industrials sectors led gains while the consumer discretionary sector lost ground.

EasyJet added 2.7%. John Wood Group declined 3.1%.

The U.K.’s FTSE 100, which is dominated by large international businesses, rose 0.6%.