Dow Jones Industrial Average futures were up 716 points, or 3.4%, indicating a gain of more than 700 points at the open. S&P 500 futures were up 3.4%. Nasdaq 100 futures gained 3.6%.
However, weekend figures in Europe showed slower death rates and new infections in the hardest-hit countries, such as Italy and Spain. This has sparked some positive momentum in global equities, with Europe’s Stoxx 600 jumping 2.5% at the open.