Wall Street set to open higher on lockdown easing optimism

Business

FILE PHOTO: The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., April 26, 2020. REUTERS/Jeenah Moon

(Reuters) – U.S. stocks futures pared gains after ADP’s report showed the private sector lost a record 20 million jobs in April.

At 8:18 a.m. ET, Dow e-minis 1YMcv1 were up 76 points, or 0.32%. S&P 500 e-minis EScv1 were up 10.5 points, or 0.37% and Nasdaq 100 e-minis NQcv1 were up 42 points, or 0.47%.

At 8:14 a.m. ET, Dow e-minis 1YMcv1 were up 135 points, or 0.57%. S&P 500 e-minis EScv1 were up 17.25 points, or 0.6% and Nasdaq 100 e-minis NQcv1 were up 62.75 points, or 0.7%.

Reporting by Medha Singh in Bengaluru; Editing by Saumyadeb Chakrabarty

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