Stock futures were higher early Monday, as investors try to glean whether equities can extend recent gains into a fresh trading week.
Futures tied to the Dow Jones Industrial Average advanced 233 points, or 0.55%. S&P 500 futures added 0.67%, while Nasdaq 100 futures were 0.81% higher.
Stocks are coming off of a much-needed winning week. The S&P 500 finished in the green on Friday and avoided four-straight weekly losses.
However, investors remain jittery over concerns about a potential slowdown of U.S. economic growth as President Donald Trump’s April 2 start date for reciprocal tariffs approaches. Trump said the tariffs are aimed at any country that imposes duties on U.S. imports.
“Equities feel ripe for a bounce,” Bank of America’s trading desk said in a Sunday note. “Positioning hurdles have been cleared, sentiment has reset, flows are turning tailwinds and growth concerns are well flagged.” […]
— Read More: www.cnbc.com
