Dow futures jump 200 points to start the week on vaccine, stimulus hopes

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A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York June 9, 2014. REUTERS/Carlo Allegri

U.S. stock futures moved higher early Monday as markets indicated a rebound from a losing week. Investors were optimistic as the Covid-19 vaccine rollout began and Washington appeared a bit closer to hatching some sort of stimulus this week.

Dow Jones Industrial average futures rose 242 points, or 0.8%. The move pointed to an opening gain of more than 225 points. S&P 500 futures rose 0.7% and Nasdaq 100 futures gained 0.5%.

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