Stock Futures, Oil Rise as Investors Weigh Omicron Variant

8 months ago 124
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Oil prices and U.S. banal futures gained, indicating that those markets mightiness recoup immoderate losses from Friday’s selloff arsenic investors monitored the apt implications of a caller variant of Covid-19. 

Futures for the S&P 500 gained 0.6% Monday. The scale suffered its worst one-day percent decline since February connected Friday aft South Africa identified a fast-spreading strain of the coronavirus, which the World Health Organization has named Omicron. Contracts for the tech-focused Nasdaq-100 gained 0.9% Monday and futures for the Dow Jones Industrial Average added 0.4%.

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