Stock futures were flat in overnight trading following a big rally in the previous session fueled by optimism that the coronavirus outbreak is improving in the U.S.
Dow futures rose 0.25%, indicating a gain of 13 points. The S&P 500 and Nasdaq were set to open slightly lower.
Signs that the coronavirus pandemic is easing drove stocks higher on Tuesday, even as the first batch of quarterly earnings showed the outbreak is taking a toll on corporate profits. The Dow climbed about 560 points, helped by Johnson & Johnson, Microsoft and Apple which rose 4.5%, 4.9% and 5%, respectively. The