US Stock futures positive again building on market’s rebound

US Stock futures were positive in choppy trading early Tuesday morning, following the market’s rebound from its deep rout triggered by the coronavirus pandemic.

Futures on the Dow Jones Industrial Average were 162 points higher, pointing to an implied opening rise of more than 136 points at Tuesday’s open. S&P 500 futures and Nasdaq-100 futures also pointed to opening gains for the two indexes.

Earlier, futures had pointed to opening losses for the three indexes.

The overnight action followed a strong session on Wall Street, with the Dow jumping nearly 700 points led by an 8 percent pop in Johnson & Johnson after it announced a vaccine candidate for the coronavirus. The S&P 500 rallied 3.4 percent.