Stock futures edge up, with Wall Street set to hold on to May’s strong gains
A view of the Fearless Girl with New York Stock Exchange in Wall Street in the backdrop amid Coronavirus Pandemic on April 5, 2020.
John Nacion | NurPhoto | Getty Images
U.S. stock futures nudged higher early Monday morning as Wall Street looks set to kick off June trading in positive territory after consecutive monthly gains.
Dow Jones Industrial Average futures traded 61 points higher, with an implied Monday opening gain of about 85 points. S&P 500 and Nasdaq 100 futures also pointed to a positive open for the two indexes.
The moves in futures followed positive momentum in Monday trade for Asia, with Hong Kong’s Hang Seng index surging more than 3% in the afternoon. That came as data showed China’s manufacturing activity in expanding in May. Investors have been monitoring China’s economic data for signs of recovery …continued .
[Source: CNBC News]