logo

News Briefs

US stock index futures jump

Wednesday, 29 April 2020


US stock index futures climbed higher on Tuesday ahead of the next round of quarterly earnings reports, with investors also keenly looking at the safety of reopening economies hit hard by the coronavirus-induced shutdowns. Wall Street kicked off the week on a strong note Monday as several US states allowed businesses to reopen after a near total halt in activity to contain the outbreak. Powered by a raft of US monetary and fiscal stimulus, all three major stock indexes are now within 20 per cent of their record closing highs.
— Reuters