Stock futures are flat following market's rebound from massive coronavirus sell-off
The overnight action followed a strong session on Wall Street, with the Dow jumping nearly 700 points led by an 8% pop in Johnson & Johnson after it announced a vaccine candidate for the coronavirus. The S&P 500 rallied 3.4%.
Stocks also built on last week's historic rally, where the Dow and S&P 500 posted their best three-day win streaks since the 1930s. With Monday's gains, the Dow is now up 20% from its coronavirus sell-off low reached on March 23 while the S&P 500 has risen more than 17% from those levels. "Last week's double-digit gain for markets was a welcome relief rally, though market bottoms are rarely as clean as this one has been," said Mark Hackett, Nationwide's chief of investment research. "Markets will need to reflect more traditional interactions before confidence in a bottom can be reached.".
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
US stock futures down, pointing to another wild week on Wall StreetUS stock futures were lower Sunday night, continuing to give up gains from last week's historic rally that came to a halt on Friday.
Consulte Mais informação »
DOJ probing Sen. Richard Burr's stock trades before coronavirus market dive, sources sayDOJ investigating the stock trading activities of Sen. Richard Burr before the markets took a dramatic plunge amid coronavirus worries, sources confirm to ABC News.
Consulte Mais informação »
5 things to know before the stock market opens MondayU.S. stock futures point to a drop for the Dow at Monday's open after President Trump extended social-distancing guidelines.
Consulte Mais informação »
U.S. Stock Futures Falter as Oil Trades at 18-Year LowInvestors are grappling with the mounting economic toll after U.S. government officials signaled that measures to contain the coronavirus pandemic may remain in place for many weeks.
Consulte Mais informação »