Dow (INDU) futures fell 10 points, or 0.04%. S&P 500 (SPX) futures were up 0.08% and Nasdaq Composite (COMP) futures were up 0.03%.
Wall Street rallied Monday on optimism that the global coronavirus pandemic could be stabilizing. The Dow ended the day up 7.7%, and the the S&P 500 and Nasdaq both closed around 7% higher.
There are signs that investors might no longer be quite as concerned about coronavirus and its effects on the economy as they have been in recent weeks. The CNN Business Fear & Greed Index, which looks at the VIX (VIX) volatility gauge and six other measures of market sentiment, is now registering Fear levels as opposed to Extreme Fear. The index is at 32. Anything at 25 or under is Extreme Fear.
But there are still likely challenges ahead. The US surgeon general said this week is going to be the "hardest and saddest" for Americans as the coronavirus outbreak continues to ravage the country. And JPMorgan Chase (JPM) CEO Jamie Dimon said in his annual shareholder letter on Monday he expects a "bad recession" because of the impacts of coronavirus on the economy.
Business - Latest - Google News
April 07, 2020 at 05:55AM
https://ift.tt/34i7eX6
US stock futures volatile after a strong day on Wall Street - CNN
Business - Latest - Google News
https://ift.tt/2Rx7A4Y
Bagikan Berita Ini
0 Response to "US stock futures volatile after a strong day on Wall Street - CNN"
Post a Comment