Pre-open movers
U.S. stock futures traded higher in early pre-market trade after the Dow Jones dropped more than 200 points in the previous session. Investors are awaiting earnings results from Deere & Company (NYSE:
DE), Booz Allen Hamilton Holding Corporation (NYSE:
BAH) and Foot Locker, Inc. (NYSE:
FL).
Futures for the Dow Jones Industrial Average jumped 289 points to 31,491.00 while the Standard & Poora??s 500 index futures rose 45.25 points to 3,943.00. Futures for the Nasdaq index surged 199 points to 12,077.25.
Oil prices traded slightly lower as Brent crude futures fell 0.1% to trade at $112.02 per barrel, while US WTI crude futures fell 0.5% to trade at $111.65 a barrel. The Baker Hughes North American rig count report for the latest quarter will be released at 1:00 p.m. ET.
The U.S. has the highest number of COVID-19 cases and deaths in the world, with total infections in the country exceeding 84,799,040 with around 1,028,330 deaths. India reported a total of at least 43,131,820 confirmed cases, while Brazil confirmed over 30,752,220 cases.
