5 things to know before the stock market opens May 12, 2020


1. Stock futures rise after the tech rally drove Nasdaq higher for sixth straight session

Dow futures were pointing to an over 100-point advance at Tuesday’s open after the Dow Jones Industrial Average broke a two-session winning streak. However, the Nasdaq continued to be the big winner on Wall Street, logging its sixth straight gain Monday. The tech-heavy index was up 2.4% for the year and just 6% below its February record high. The fallout from the coronavirus economic halt has hit the broader stock market harder. The Dow is down 15% this year and 18% below its February record. The S&P 500 is off over 9% in 2020 and 13.6% below its February all-time high.

The Federal Reserve on…


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