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 34200.67 +164.68 +0.48%
SP500 S&P 500 4185.47 +15.05 +0.36%
I:COMP n.a. n.a. n.a. n.a.

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

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