USA: Equity futures up, driven by the start of the transition in Washington

U.S. equity futures rose Tuesday after President Donald Trump gave the green light to the process of transferring power to President-elect Joe Biden, easing investor concerns over a long period of uncertainty.

Futures contracts linked to the S&P 500 Index on the New York City Stock Exchange were up 0.8%, marking a second day of gains on U.S. equities after the opening bell, while contracts linked to the Nasdaq Index, with its strong technology weighting, were up 0.4%.

According to the Wall Street Journal, l