U.S. stock futures edge higher after worst month for equities since the last recession

U.S. stock futures pointed higher Monday after the worst month for equities since the U.S. economy was first slammed by the emergence of coronavirus.

What’s happening On Friday, the Dow Jones Industrial Average DJIA fell 939 points, or 2.77%, to 32977, the S&P 500 SPX declined 156 points, or 3.63%, to 4132, and the Nasdaq Composite COMP dropped 537 points, or 4.17%, to 12335.What’s happening On Friday, the Dow Jones Industrial Average DJIA fell 939 points, or 2.77%, to 32977, the S&P 500 SPX declined 156 points, or 3.63%, to 4132, and the Nasdaq Composite COMP dropped 537 points, or 4.17%, to 12335.

What’s driving markets Monday will feature the release of the Institute for Supply Management’s manufacturing index, as well as more corporate earnings. Michael Kramer, the founder of Mott Capital, says the best chance of a rally this week is after the Fed decision on Wednesday, as the hike is expected, and as stocks typically rally after press conferences. But he doesn’t think any rally will last.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Middle relievers are candidates to be demoted when rosters shrink to 26 on MondayWith rosters getting trimmed, and starting pitchers getting through at least five innings, middle relievers aren't a necessity.
Read more »

Mariupol officials say evacuation of civilians from besieged city is paused until MondayThe evacuation of civilians from the besieged southern Ukrainian city of Mariupol has been paused until Monday, the Mariupol City Council announced Sunday, citing “security reasons.”
Read more »

A’s send Oller to Triple-A, two more will leave roster MondayA’s right-handed starter Adam Oller sent to Las Vegas; rosters reduced to 26 on Monday.
Read more »

Seattle weather: Dry finish to the weekend with rain returning MondayThough it'll be cloudy, today will be mainly dry. Enjoy the quiet weather before soggy weather returns Monday morning. FOX13
Read more »

Johnny Depp's defamation trial against Amber Heard resumes MondayJohnny Depp and Amber Heard's defamation trial concluded its third week in a Virginia court on Friday.
Read more »

Rocket Lab delays Electron booster launch and recovery test to MondayLiftoff is now scheduled for no earlier than Monday, May 2.
Read more »