Stock index futures rebound to start the week
The S&P 500 lost 11% last week
(Reuters) - U.S. stock index futures are rebounding Sunday night with investors taking some solace from weekend comments by U.S. officials that aimed to soothe panic about a pandemic.
Dow futures are higher by 1 percent.
Senior officials in President Donald Trump’s administration on Sunday tried to reduce concern about a global recession, saying the U.S. public had over-reacted and that stocks would rebound due to the American economy’s underlying strength.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| I:DJI | DOW JONES AVERAGES | 51654.95 | +423.31 | +0.83% |
| SP500 | S&P 500 | 7811.54 | +46.18 | +0.59% |
| I:COMP | NASDAQ COMPOSITE INDEX | 27366.169793 | +172.83 | +0.64% |
The S&P 500 fell more than 11 percent last week, its worst since the 2008 financial crisis.
Reporting by Alden Bentley; Editing by Daniel Wallis