U.S. stock futures ticked higher in overnight trading and pointed to modest gains at the open Wednesday, following a weak session that snapped a three-day winning streak for markets.
Fueling the volatility is uncertainty around a possible coronavirus treatment and vaccine and how economies will fare in reopening, from a health perspective.
Dow futures rose 168 points, implying a Wednesday opening gain of about 190 points. The futures contracts for the S&P 500 and Nasdaq also pointed to a positive open for the two indexes.
On Tuesday, stocks traded most of the day around the flatline until a report raised concerns about previously publicized trial results for Moderna’s potential…