March trade kicks off solidly, Dow futures climb over 300

Wall Street futures surged on the first day of March as bond markets steadied and investors shifted focus to near-term growth prospects. This was helped by easing of Treasury bonds, whose rapid rise unsettled the bullish mood in the markets last week. Futures for the Dow Jones Industrial Average were up 333 points (1.1%) to 31,245. The S&P 500 futures were up 40.80 points (1.1%) to reach 3,850.