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Futures rise on oil gains, easing of lockdowns
Hopes for a recovery in demand boosted oil prices, helping energy giants Exxon Mobil Corp and Chevron Corp lead gains among the blue-chip Dow components trading premarket. The S&P 500 has climbed about 30% from its March lows on the back of unprecedented stimulus measures and signs of a plateau in new COVID-19 cases in many areas. Wall Street's main indexes snapped their two-day losing streak on Monday as gains in large tech and internet companies and oil prices outweighed concerns about the latest U.S.-China tensions and downbeat sentiment from the annual meeting of Warren Buffett's Berkshire Hathaway.
https://finance.yahoo.com/news/futures-rise-oil-gains-easing-105246763.html?.tsrc=rss
Hopes for a recovery in demand boosted oil prices, helping energy giants Exxon Mobil Corp and Chevron Corp lead gains among the blue-chip Dow components trading premarket. The S&P 500 has climbed about 30% from its March lows on the back of unprecedented stimulus measures and signs of a plateau in new COVID-19 cases in many areas. Wall Street's main indexes snapped their two-day losing streak on Monday as gains in large tech and internet companies and oil prices outweighed concerns about the latest U.S.-China tensions and downbeat sentiment from the annual meeting of Warren Buffett's Berkshire Hathaway.
https://finance.yahoo.com/news/futures-rise-oil-gains-easing-105246763.html?.tsrc=rss
