Futures on the Dow Jones Industrial Average implied an opening gain of about 200 points. Dow futures gained 182 points, or 0.7%. S&P 500 futures gained 0.6%. Nasdaq-100 futures added 0.6%
Stocks tied to the reopening of states led the gains once again in premarket trading. American Airlines, United Airlines and Southwest all added more than 3%. Gap and Kohl’s shares gained about 2%. Cruise lines were also higher.
Other markets pointed to optimism about the country reopening from the widespread mandated shutdowns due to the coronavirus. Oil added 2.7%. Treasury yields were higher.
Futures initially fell during a last-minute address from the White House on Monday evening, where President Donald Trump said he will deploy the military if states and cities failed to quell the demonstrations.
