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Dow Futures Up More Than 200 Points After Nasdaq Composite Claws Back 2020 Losses, Jobs Report Ahead


Friday, 8 May 2020 16:17 WIB

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U.S. stock futures rose early Friday morning after more gains in tech led to the Nasdaq Composite erasing all of its losses for 2020.

Dow Jones Industrial Average futures were up by 235 points, implying an opening gain of about 276 points on Friday. S&P 500 and Nasdaq 100 futures also pointed to Friday opening gains for the two indexes.

The tech-heavy Nasdaq rose 1.4% during the cash session, finishing up nearly 0.1% year to date. Gains from Facebook, Amazon Alphabet and Apple helped lift the index back into positive territory for 2020. At one point, the Nasdaq was down more than 25% year to date.

Source : CNBC


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