Dow futures bounce 500, reopen trades back on, United up 11{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f}

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Wall Street’s fear gauge — the Cboe Volatility Index — dipped 8.5{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f} in morning trading to  37.31 as stocks tried to rebound from a brutal sell-off in the previous session. The VIX jumped nearly 50{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f} Thursday to close at 40.79, marking the first time the gauge has crossed the 40 threshold since May 4. The gauge tracks the 30-day implied volatility of the S&P 500 futures via options prices. — Li

Dow Jones Industrial Average futures rallied more than 500 points Friday morning as investors sought to curb some of the steepest losses since March suffered in the prior session. The pop Friday morning put the Dow on track to gain 2.3{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f} at the opening bell, the S&P 500 set to add 2.2{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f} and the Nasdaq-100 to advance 1.9{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f} on the week’s final day of trading. The so-called reopening stocks led the way higher in the premarket, with Carnival Corp., United Airlines, Kohl’s and Gap all outperforming. — Franck

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