U.S. stock futures rose slightly in overnight trading and pointed to modest gains at the open on Wednesday, following two positive sessions in the equity markets.
Fueling the rally is the growing number of states beginning to reopen their economies in the first two weeks of May, making investors optimistic the worst of the pandemic’s economic harm is over.
Dow futures gained 30 points, indicating a gain of 0.1%. The S&P 500 and Nasdaq were also set to open higher, with gains of 0.15% and 0.35%, respectively.
On Tuesday, the Dow Jones Industrial Average climbed 133 points, after being up