Futures tracking the S&P 500 and the Dow Jones indexes edged higher on Monday following a selloff on Wall Street last week as investors weighed hopes of more stimulus and improving data against a resurgence in global coronavirus cases.
Wall Street’s major indexes had tumbled more than 2% on Friday as several U.S. states imposed business restrictions in response to the surge in COVID-19 cases. Stocks in Asia and Europe were muted overnight as the global death toll from the respiratory illness crossed half a million on Sunday. [MKTS/GLOB]has rallied since a coronavirus-driven crash in March, up about 16% since April and set for its best quarter since 1998, partly on a raft of U.S. fiscal and monetary stimulus.
This week, investors will focus on employment, consumer confidence and manufacturing data for June for signs of whether the U.S. economy will continue to rebound after indications of a pickup in May. At 6:44 a.m. ET, Dow e-minis 1YMcv1 were up 54 points, or 0.22%, S&P 500 e-minis EScv1 were up 1.75 points, or 0.06% and Nasdaq 100 e-minis NQcv1 were down 30 points, or 0.3%.
Among stocks, Boeing Co rose 3.2% in premarket trade after the Federal Aviation Administration confirmed on Sunday it had approved key certification test flights for the grounded 737 MAX that could begin as soon Monday.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
U.S. stock futures sink after Friday's 700-point slide by the DowU.S. stock index futures fell late Sunday, after the Dow sank more than 700 points Friday. Dow Jones Industrial Average futures undefined were down around...
Lire la suite »
Dow Plunges 700 Points As U.S. Hits Record Number Of New Coronavirus CasesWall Street remains worried about a spike in new cases across the country.
Lire la suite »
Hoping to rebound from coronavirus, UK PM Johnson sets out school building planPrime Minister Boris Johnson will set out plans for a 10-year rebuilding programme for schools in England on Monday, part of government efforts to help Britain 'bounce back' from the coronavirus crisis.
Lire la suite »
U.S. stock futures sink after Friday's 700-point slide by the DowU.S. stock index futures fell late Sunday, after the Dow sank more than 700 points Friday. Dow Jones Industrial Average futures undefined were down around...
Lire la suite »
U.S. Stock Futures Point to Week of Choppy TradingU.S. stock futures waver, suggesting another week of choppy trading amid concerns that rising coronavirus cases could delay the global economic recovery
Lire la suite »
The 3 stimulus plans Congress is debating that could put extra cash into your bank account - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Lire la suite »