U.S. stock futures fell on Sunday night after Wall Street posted consecutive rallies to end last week amid the prospects of the global economy reopening soon.
Dow Jones Industrial Average traded 89 points lower, or 0.4%. S&P 500 and Nasdaq 100 also slipped 0.4% each.
Apple said Friday it will start to reopen U.S. stores this week. The stores, Apple said, will have temperature checks and will limit the number of customers inside the store at once. "The world very much remains on the path to reopening, a process that will accelerate over the coming weeks," said Adam Crisafulli, founder of Vital Knowledge, in a note. He added, however, the S&P 500 is still overbought at current levels even as expectations of a gradual resumption of economic activity continue to increase.The S&P 500 has rallied more than 33% since hitting an intraday low on March 23.
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