image credit: Pixabay

Dow futures rise 200 points as investors focus on reopening of economy

May 4, 2020


Stock futures rose in early morning trading Tuesday as investors remained focused on the reopening of the U.S. economy.

Futures on the Dow Jones Industrial Average climbed 202 points, implying a Tuesday opening gain of around 135 points. S&P 500 and Nasdaq futures also pointed to a positive Tuesday start for the two indexes.

Investors weighed fears of a second wave of coronavirus cases against efforts to reopen businesses and loosen restrictions. California governor Gavin Newsom said Monday some of the state’s retailers will be allowed to offer curb-side pickup starting Friday.

Read More on CNBC