Futures cheered by lifting of virus-related curbs

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FILE PHOTO: Floor traders work space is seen on the trading floor after the closing bell, following traders testing positive for Coronavirus disease (COVID-19), at the New York Stock Exchange (NYSE) in New York, U.S., March 19, 2020./File Photo

(Reuters) – U.S. stock index futures surged on Monday with gains spread across stocks ranging from autos to oil as many of the hard-hit countries eased restrictions on business and social activities, boosting hopes of a global economic recovery.

General Motors Co (GM.N) rose 2.3% and Ford Motor Co (F.N) 1.4% in premarket trading as they prepared

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States lifting stay-at-home orders, reopening businesses

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Mannequin heads wear masks in the window of a small boutique advertising availability of masks, gloves, and other pandemic necessities amid the Coronavirus outbreak in Arlington, Virginia, on April 27, 2020.

Oliveri Douliery | AFP | Getty Images

Across the country, states have shut down businesses and ordered people to work from home if they can and stay indoors as much as possible to slow the spread of the coronavirus pandemic.

However, with cases beginning to level off, states are looking to jump-start economies hit hard by the virus. Millions of Americans who have been put out of work by

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Maxim Barbers’ Diane Fall on Georgia lifting business restrictions

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The owner of a Georgia barbershop said she is not planning to open her doors Friday, when the state lifts coronavirus-related restrictions for businesses like hers.

“I’m definitely not opening this Friday. I don’t have a calendar date for opening,” Diane Fall said Thursday on CNBC’s “Squawk Box.”

Fall, who owns Maxim Barbers in Decatur, Georgia, said the task of gathering personal protective equipment and other supplies needed to meet safety requirements by Friday is too onerous.

“Yesterday I went on the internet just looking for capes because they’re saying you have to use one cape for each client. I

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Georgia got lifting coronavirus restrictions backward, Connecticut Gov. Ned Lamont says

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As states across the U.S. weigh lifting coronavirus restrictions at risk of inducing a second wave of infections, Georgia is reopening the wrong businesses first, Connecticut Gov. Ned Lamont told CNBC Tuesday.

Georgia Gov. Brian Kemp, a Republican, announced Monday that the state will reopen businesses on Friday, starting with retail locations such as gyms, barber shops, fitness centers and bowling alleys. Kemp’s decision came after several states mostly in the South unveiled plans to restart parts of their economy.

“I think the things that come later are the things that Georgia opened up first, which surprised me, those things

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