U.S. stock higher in pre-market trading for,Feb 02.The Dow Futures is trading at 30,337.50  up with +0.76% percent or +227.50 point.The S&P 500 Futures is trading at 3,797.38 up with +0.84%  percent or +31.68 point.The Nasdaq Futures is trading at 13,361.40 with +0.94% percent or +124.88 point.

Tuesday’s Factors and Events

The new proposal from a group of 10 GOP lawmakers calls for $1,000 checks per person, rather than the $1,400 sum proposed by President Joe Biden.

That would bring the direct payments to $1,600, including the first payment authorized in December.

Individuals earning up to $40,000 per year would be eligible for the full payments. Those with incomes at that threshold and above would see payments gradually phase out, and eligibility would be capped at $50,000 in annual pay.

Monday Activity

For the day the Dow is trading at 30,211.91 up with +0.76%percent or  +229.29 point. The S&P 500 is trading at 3,773.86 up with +1.61% percent or +59.62  point. The Nasdaq Composite is trading at 13,403.40 up with  +2.55% percent or +332.70 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 2,126.16 with 2.53% percent or -52.52  point; the S&P 600 Small-Cap Index closed at 1,210.25  up with +1.81% percent or +21.54 point; the S&P 400 Mid-Cap Index closed at 2,388.77 up with +2.08% percent or +48.65 point; the S&P 100 Index closed at 1,737.10 up with +1.60% percent or  +27.35 point; the Russell 3000 Index closed at 2,274.54  up with +1.71%percent or +38.17  point; the Russell 1000 Index closed at 2,135.96 with +1.65%or +34.59 point.

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