U.S. stock futures are pointing to a higher open for markets. Christine Romans is minding your business this morning with more on that and stocks yesterday. “It was a good day for your investments yesterday,” Romans says, “as long as you weren’t invested in gun companies.”
The Dow, Nasdaq and S&P were all up yesterday. If the Dow continues like this, up more than 9% so far this year, “it would be the tenth best year since 1950," Romans says, "on track for one of the best years ever.”
Shares for gunmakers tumble, meanwhile. “Publicly traded companies hammered for three days in a row now” include Smith & Wesson Holding Corp, down 19%, and Sturm Ruger & Company Inc, down 15%.