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Wall Street surges at open on record rise in May retail sales

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U.S. stock index futures jumped on Tuesday on hopes that aggressive fiscal and monetary stimulus would kick start an economy crushed by the ...

U.S. stock index futures jumped on Tuesday on hopes that aggressive fiscal and monetary stimulus would kick start an economy crushed by the COVID-19 pandemic, with investors also expecting a record rebound in May retail sales.

A trader adjusts his mask as he works on the floor of the New York Stock Exchange as the outbreak of the coronavirus disease continues in the Manhattan borough of New York, U.S., May 28, 2020. REUTERS/Lucas Jackson

 

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