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A Peek Into The Markets: US Stock Futures Higher Following Monday's Rally

A Peek Into The Markets: US Stock Futures Higher Following Monday's Rally
Pre-open movers

U.S. stock futures traded higher in early pre-market trade after the Dow Jones jumped around 650 points in the previous session. Investors are awaiting earnings results from AutoZone, Inc. (NYSE:AZO), Designer Brands Inc. (NYSE:DBI) and Toll Brothers, Inc. (NYSE:TOL).

Data on international trade, nonfarm productivity and unit labor costs will be released at 8:30 a.m. ET. Data on consumer credit for October will be released at 3:00 p.m. ET.

Futures for the Dow Jones Industrial Average jumped 304 points to 35,516.00 while the Standard & Poor’s 500 index futures rose 53.75 points to 4,643.75. Futures for the Nasdaq 100 index climbed 273.25 points to 16,116.00.

The U.S. has the highest number of COVID-19 cases and deaths in the world, with total infections in the country exceeding 50,149,320 with around 810,250 deaths. India reported a total of at least 34,648,380 confirmed cases, while Brazil confirmed over 22,147,470 cases.
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