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 | 39760.08 | +477.75 | +1.22% |
SP500 | S&P 500 | 5248.49 | +44.91 | +0.86% |
I:COMP | NASDAQ COMPOSITE INDEX | 16399.520634 | +83.82 | +0.51% |
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