Dow futures rise 100 points as Wall Street tries to add to last week’s rally

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A view of the fearless girl wearing a mask in front of the New York Stock Exchange in New York City USA during coronavirus pandemic on April 25, 2020.

John Nacion | NurPhoto | Getty Images

U.S. stock futures rose slightly on Sunday night following last week’s sharp gains amid optimism over the economy reopening.

Dow Jones Industrial Average traded 108 points higher, or 0.4%. S&P 500 and Nasdaq-100 futures were both up 0.3%. 

The Dow surged 6.8% last week while the S&P 500 jumped 4.9%. The Nasdaq Composite climbed 3.4% and closed at record levels for the first time

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Jobs report shocker supports a ‘ray of sunshine’ market: Ed Yardeni

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Long-time bull Edward Yardeni believes the historic May jobs surge is a game changer for Wall Street.

According to Yardeni, it debunks the notion there’s a disconnect between the significant market rally off the March 23 low and the coronavirus-battered economy.

“The market has been a ray of sunshine — basically investors being convinced that we’ll get out of this, and the economy will recover along with earnings. So far, that forecast seems to be working out pretty well, “the Yardeni Research president told CNBC’s “Trading Nation” on Friday. “The economy may very well be catching up with the stock

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Sustainable investing is set to surge in the wake of the coronavirus pandemic

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The coronavirus pandemic altered society in immeasurable ways, including, of course, investing. Stocks that benefited from people staying home, such as Netflix and Zoom Video, outperformed expectations in the past few months, while retailers and airline companies, among others, saw their stocks fall off a cliff. And now some of those worst-performing stocks of March and April are now staging a comeback, as economies begin to reopen.

But there could be a more long-lasting effect on Wall Street: Covid-19 may well prove to be a major turning point for ESG investing as the pandemic alters society’s values.

This investing approach,

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