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Markets higher hours before opening bell as investors feeling more confident
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U.S. equity futures are trading higher ahead of Monday's opening bell on Wall Street.
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DOW JONES AVERAGES
NASDAQ COMPOSITE INDEX
On Wall Street, the S&P 500 ended last week by notching its fifth gain in a row and its biggest weekly increase since November. The benchmark index rose 0.4% and ended the week 4.6% higher, more than making up for its decline in January. The latest gain nudged the S&P 500 to another all-time high.BIDEN CLIMATE ACTIONS TO JOLT ELECTRICITY PRICES
The Nasdaq composite also capped the week with a record high. Small-company stocks fared even better than the broader market, a sign that investors are feeling more optimistic about the economy.
The S&P 500 index rose 0.4%,to 3,886.83. Its weekly gain was its biggest since November. The Dow Jones Industrial Average gained 0.3% to 31,148.24. The Nasdaq rose 0.6% to 13,856.30. The Russell 2000 index of smaller company stocks climbed 1.4%,to 2,233.33, a record high.