Drew Angerer | Getty ImagesU.S. futures pointed to a monster 1,041-point gain for the Dow Jones Industrial Average, one day after the 30-stock index posted its worst day in more than a decade and single largest point drop on record. The index is set to open with a gain of more than 4%, with the S&P 500 and Nasdaq Composite also on track for 4% jumps.
Stock futures erased big losses in after-hours trading Monday and turned positive after President Donald Trump floated the idea ofto offset the negative impact from the coronavirus. The potential tax incentives come on top of an $8.3 billion spending package Trump signed last month. The jump higher comes amid a roller-coaster ride that's seen stocks whipsaw in either direction. On Monday fear gripped Wall Street as oil slid 24% amid escalating tensions between Saudi Arabia and Russia. The yield on the 10-year Treasury fell to a record low as investors sought safety amid the wave of selling.for exclusive insights and analysis, and live business day programming from around the world.
Excellent Choices
Another facelift
The Great Depression is upon us!! Trump needs to go! GO VOTE AMERICA!! Win back the WH and Senate!!!
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooNews - 🏆 380. / 59 Read more »
Source: CNBC - 🏆 12. / 72 Read more »