Stock futures edged up in overnight trading on Monday after a rebound from a rollercoaster week as investors looked past the potential impact from the new omicron coronavirus variant.
Futures on the Dow Jones Industrial Average rose 40 points. S&P 500 futures and Nasdaq 100 futures both gained about 0.1%.
The overnight session followed a comeback on Wall Street that saw the blue-chip Dow gain nearly 650 points. The S&P 500 jumped 1.1% on Monday with all 11 sectors registering gains. The Nasdaq Composite reversed higher to end the day up 0.9%. The rally was led by travel-related stocks such as airlines and cruise line operators.
«Easing Omicron fears are making way for investors to position for a more hawkish Fed,» said Fiona Cincotta,
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