5 things to know before the stock market opens June 29, 2020


1. Dow set to bounce after Friday’s 730-point plunge

Dow futures were pointing to an over 200-point gain at Monday’s open, a bounce after the Dow Jones Industrial Average plunged 730 points, or 2.8%, on Friday, knocking blue chips down 3.3% last week. Following initial declines overnight, stock futures turned higher early Monday despite surging U.S. coronavirus cases. The Dow, with two days left in June, could break its two-month winning streak. However, the benchmark, as of Friday’s close, was up just over 14% for the second quarter.

The holiday-shortened week ahead on Wall Street brings pending home sales Monday and S&P/Case-Shiller home prices Tuesday. Federal Reserve Chairman Jerome…


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