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Dow futures rise more than 200 points after Wall Street wraps up historically strong month | AturartA

U.S. stock futures rose on Monday night after the major averages notched sharp monthly gains for November.

Dow Jones Industrial Average futures traded 236 points higher. S&P 500 and Nasdaq 100 futures also traded in positive territory.

The Dow rallied 11.8% in November, posting its best one-month performance since January 1987. The S&P 500 and Nasdaq Composite rose 10.8% and 11.8%, respectively, for their strongest monthly advances since April.

November’s rally came amid a slew of positive coronavirus vaccine news, which lifted hope of a strong economic recovery and sparked a surge in beaten-down value names. The iShares Russell 1000 Value ETF (IWD) rallied 13.4% for the month, and outpaced its growth counterpart, the iShares Russell 1000 Growth ETF (IWF) by 3 more than percentage points.