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15.12 - 03:02
Stock futures rise ahead of first trading day of December after omicron fears dent markets
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cnbc.comU.S. stock futures were higher in overnight trading on Tuesday following a sell-off on Wall Street over fears about the new Covid variant, omicron, and the Federal Reserve mulling a quicker-than-planned taper.
Dow futures rose 90 points. S&P 500 futures gained 0.5% and Nasdaq 100 futures rose 0.65%.
The major averages have seen several volatile sessions, starting last Friday when the Dow Jones Industrial Average experienced its worst day since October 2020. Stocks rebounded on Monday, only to turn downward again on Tuesday.
Wednesday marks the first trading day of the final month of 2021.
On Tuesday, the Dow lost more than 650 points. The S&P 500 shed 1.9% and the tech-focused Nasdaq Composite dipped 1.6%. The small-cap benchmark Russell
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