Dow Futures Jump as Investors Focus on Economy, Not Civil Unrest

Written by :

Aaron Goldstein

Published on :

2 June, 2020

Dow Futures Jump as Investors Focus on Economy, Not Civil Unrest

U.S. stock futures were higher in early trading on Tuesday as investors looked past civil unrest throughout the United States. The focus is more on businesses reopening following months of closure due to a global pandemic.

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From CNBC:

Futures on the Dow Jones Industrial Average implied an opening gain of about 200 points. Dow futures gained 182 points, or 0.7%. S&P 500 futures gained 0.6%. Nasdaq-100 futures added 0.6%

Stocks tied to the reopening of states led the gains once again in premarket trading. American Airlines, United Airlines and Southwest all added more than 3%. Gap and Kohl’s shares gained about 2%. Cruise lines were also higher.

From Fox News:

The protests that have rocked American cities for days have so far not had much impact on financial markets. But the violence and damage to property may hinder the re-opening of the economy.

- Aaron Goldstein, Gambling911.com

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