Finance

Dow futures rise, extending Monday’s 300-point rally

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Dow futures moved higher in overnight trading on Monday, putting the index on track to extend its rally from the regular session.

Dow futures rose about 130 points. S&P 500 futures gained 0.45% and Nasdaq 100 futures rose 0.55%.

On Monday, the Dow Jones Industrial Average rallied more than 300 points on investor optimism about the economic comeback from the pandemic.  At its session high, the 30-stock average jumped 650 points to hit an intraday record.

The bullishness was fueled in part by the Senate’s passing of a $1.9 trillion economic relief and stimulus bill on Saturday, which is set to include another round of stimulus checks. Banks, airlines, cruise lines and retailers all rose on…



Source cnbc.com

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