What to watch today: Dow set to bounce after Friday’s 730-point plunge

What to watch today: Dow set to bounce after Friday’s 730-point plunge

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U.S. stock futures were pointing to a bounce after the Dow Jones Industrial Average plunged 730 points, or 2.8%, on Friday, knocking blue chips down 3.3% last week. Following initial declines overnight, stock futures turned higher early Monday despite surging U.S. coronavirus cases. The Dow, with two days left in June, could break its two-month winning streak. However, the benchmark, as of Friday's close, was up just over 14% for the second quarter. (CNBC)

The holiday-shortened week ahead on Wall Street includes House testimony from Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin on Tuesday. One day early, on Thursday, the government reports its June employment report. The stock market is closed Friday, July 3, in observance of Independence Day. (CNBC)

Shares of Boeing, which have been slammed over 45% in 2020, were rising more than 3% in Monday's premarket as Reuters reports that pilots and test crew members from the Federal Aviation Administration and the aircraft maker are scheduled to begin a three-day certification test campaign for the 737 Max on Monday.

Shares of Facebook (FB) were off another 3% in the premarket after Starbucks (SBUX) on Sunday became the latest company to pause social media advertising during an national outcry