Stock futures rise as traders weigh rising coronavirus cases, U.S. stimulus talks
U.S. stock futures rose on Sunday night as the number of newly confirmed coronavirus cases continues to rise while lawmakers remain at an impasse over a new stimulus deal.
Dow Jones Industrial Average futures were up 101 points, or 0.4%. S&P 500 and Nasdaq 100 futures rose 0.5% and 0.7%, respectively.
A CNBC analysis of Johns Hopkins University data showed Covid-19 cases were growing by 5% or more in 38 states as of Friday. Nationwide, the daily case average has risen by more than 16% on a week-over-week basis to nearly 55,000. New coronavirus infections in Europe are rising by about 97,000 per day, up 44% from the prior week.
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