Stock Futures Rise Sunday Night
Futures were up significantly on Sunday night after the S&P 500 closed at a record high last Friday.
“We are still very much in a bull market at the early stages of an economic recovery that’s gaining momentum,” Michael Wilson, chief U.S. equity strategist at Morgan Stanley, said in a note to clients Sunday. “We continue to recommend stocks with the most upside to an improving economic backdrop as the vaccines are distributed and normal activities resume."
- Dow futures were up 157 points, or 0.51 percent
- S&P 500 futures were up 0.46 percent
- Nasdaq futures were up 0.56percent.