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Market Snapshot: Stock market poised for higher open as fears ease over Hurricane Irma, North Korea

U.S. stock-index futures pointed to a higher open for Wall Street on Monday, as Hurricane Irma hit Florida with less force than expected and North Korea failed to conduct another nuclear missile test over the weekend, reviving investor appetite for riskier assets such as equities.

Dow Jones Industrial Average futures YMZ7, +0.56% jumped 110 points, or 0.5%, to 21,888, while S&P 500 futures ESZ7, +0.52% rose 11.75 points, or 0.5%, to 2,472.75. Nasdaq-100 futures NQZ7, +0.76% gained 41.50 points, or 0.7%, to 5,965.75.

“The big news this morning has been that Hurricane Irma, while devastating, has not been as catastrophic as had been feared,” said Colin Cieszynski, chief market strategist at CMC Markets.

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