By Vildana Hajric and Sarah Ponczek
U.S. stocks looked to post their first back-to-back gain since the coronavirus crisis began as investors awaited unprecedented government spending packages aimed at countering the hit from the pandemic. Treasuries advanced.
The S&P 500 Index was headed toward its biggest two-day advance since 2008 after overnight negotiations in Congress paved the way for a vote on the bill this week. Boeing Co. rallied more than 30%, lifting the price-weighted Dow Jones Industrial Average for a second day.