U.S. Stock-Index Futures Advance on Dip-Buying After Rout

U.S. stock-index futures rose as some investors deemed that Monday’s equity rout brought prices to attractive levels amid speculation that a drug to treat the novel coronavirus may be on the horizon.

S&P 500 Index futures contracts expiring in March rose 0.2% at 10:34 a.m. in London, while contracts climbed 0.1% for the Dow Jones Industrial Average and advanced 0.3% for the Nasdaq 100.