Futures for the S&P 500 were up nearly 1 percent, signaling a positive open to trading. European markets rose about 1 percent after a modestly positive day on most Asian exchanges. A Labor Department report Thursday showed that another 1.5 million U.S. workers had filed for state unemployment benefits. On Tuesday the Commerce Department said that U.S. retail sales rebounded sharply in May, as stores reopened and governments lifted some restrictions. But there is growing uncertainty about the economic picture going forward.

Source: International New York Times June 19, 2020 09:45 UTC