U.S. stock futures turn around and now point to opening gains

U.S. stock futures advanced on Monday after declining on Sunday night. Futures on the S&P 500 contract
ES00,
+0.32%
and the Nasdaq 100 contract
NQ00,
+0.32%
each rose 0.5%. There wasn’t much news overnight to spark the turnaround, though the Bank of Japan did announce purchases of exchange-traded funds after the Nikkei 225 sank over 3%. U.S. stocks
SPX,
-1.31%
fell sharply on Friday after hawkish comments from St. Louis Fed President James Bullard, who is due again to speak on Monday.

Leave a Comment