Stock Markets Today: US Futures Rise on Economic Optimism, Oil Surges
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Summary:
US equity futures rose on Wall Street on Monday.
John Minchillo/AP
Global stocks rose to a record high on Tuesday as US equity futures climbed after investors rediscovered their optimism over the economic recovery from coronavirus after a volatile May.
Meanwhile, oil prices jumped after the OPEC+ group of producing countries forecast a tightening market ahead of an important supply decision on Tuesday.
Futures for the US benchmark S&P 500 index climbed 0.3%, Nasdaq 100 futures rose 0.23% and Dow Jones futures were 0.42% higher as US and UK trading reopened after public holidays.
The MSCI All-World index rose 0.26% to a new high, as stocks opened higher in Europe and Asian equities broadly climbed overnight.
The OECD - an international organization that promotes growth and trade ...
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