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S&P 500 futures hit record high on stimulus, tech rally

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Aug 11 (Reuters) – Futures tracking the S&P 500 hit a record high on Tuesday, putting the benchmark index on course to reclaim its February peak on the back of historic U.S. stimulus and a nascent revival in business activity.

The tech-heavy Nasdaq Composite in June became the first of the three major U.S. stock indexes to notch an all-time high as investors moved to stocks including Amazon.com and Netflix Inc, deeming them “stay-at-home” winners. (Reporting by Sagarika Jaisinghani and Shreyashi Sanyal in Bengaluru; Editing by Arun Koyyur)

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