Finance

Stock futures rise following a historic rebound as massive stimulus deal nears

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Stock futures were flat in overnight trading, following Tuesday’s historic rally, as investors awaited an unprecedented stimulus package to combat the economic impact of the coronavirus.

Futures on the Dow Jones Industrial Average climbed about 30 points. The S&P 500 futures were little changed.

The action in the futures market followed an epic comeback on Wall Street. The Dow soared more than 2,100 points, or more than 11%, notching its biggest one-day percentage gain since 1933 and its best point increase ever. The S&P 500 rallied 9.4% for its best day since October 2008. 

Even with Tuesday’s massive rebound, some on Wall Street struggle to see the light at the end of the tunnel,…



Source cnbc.com

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