- Investor hopes for the reopening of local economies buoyed as governments plan to relax lockdowns
- Big week for corporate earnings continues
- Oil takes a hit as biggest ETF dumps front-month contract
Futures on the four main US indices—the , , and —rebounded on Tuesday during the European session, after earlier choppy trade, as oil prices once again dropped significantly.
Global governments are collectively considering restarting economies, spurring financial market optimism, as reports of the number of new cases of COVID-19 fall. Still, worldwide, more than 3 million confirmed cases have now been charted, while the number of fatalities is upward of 211,000.
The dollar weakened.
Global Financial Affairs
Markets have become a thicket of risks that traders must now figure out how to navigate: upcoming policy decisions by the and the ; quarterly earnings reports this week from such mega cap tech companies as (NASDAQ:), Apple (NASDAQ:), (NASDAQ:) and Amazon…