Stock futures rebounded slightly on Tuesday after concerns about the spread of Covid-19′s delta variant caused investors to dump equities in the prior session.

Futures on the Dow Jones Industrial Average were up 240 points, or 0.7%. S&P 500 futures added 0.5% and Nasdaq 100 futures gained 0.4%.

Wall Street suffered a sharp sell-off Monday as investors feared that the fast-spreading delta coronavirus variant could hinder the economic recovery. The blue-chip Dow tumbled more than 700 points, or 2.1%, to post its worst day since October 28 of last year. The S&P 500 fell 1.6% and the Nasdaq Composite dropped about 1.1%.

Source

Back to Latest