U.S. stock futures rise following Friday's omicron-sparked selloff

Dow Jones2021-11-29

U.S. stock futures rose late Sunday, following a steep selloff Friday sparked by fears of the global economic impact of a worrisome new strain of COVID-19.

Dow Jones Industrial Average futures gained about 150 points, or 0.4%, as of 6:10 p.m. Eastern. S&P 500 futures and Nasdaq-100 futures also showed gains of about 0.5%.

On Friday, Wall Street suffered its worst day in more than a year amid growing concerns over the new omicron variant of COVID-19. The World Health Organization's technical advisory group on Friday declared it a "variant of concern," and a number of countries imposed flight bans from countries in southern Africa, where the variant was first discovered.

Little is known about omicron, but investors Friday braced for bad news.

"The pandemic and COVID variants remain one of the biggest risks to markets, and are likely to continue to inject volatility over the next year(s)," Keith Lerner, co-chief investment officer and chief market strategist at Truist Advisory Services, wrote in a Friday note. "It's hard to say at this point how lasting or impactful this latest variant will be for markets."

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精彩评论

  • Universe宇宙
    2021-11-29
    Universe宇宙
    U.S. stock futures rose late Sunday, following a steep selloff Friday
  • Uasbau
    2021-11-29
    Uasbau
    Infos update
  • LimLS
    2021-11-29
    LimLS
    Expecting some volatility but do not think omicron will affect the market badly. People had adapted to the repeated news of virus and it's variant. The effect on the market is getting smaller as time goes by. News of variants might be able to move the market for 1-3 days and will not be able to move it by much.
  • sugizoi4u
    2021-11-29
    sugizoi4u
    Tonight will be interesting as the trading volume returns back to normal and we will know what the market thinks.
    • IAS
      [Strong]
    • Huathk
      Gd
    • LimLS
      yes. Friday short trading hours and low volume just push the dips deeper. Let's see how the market reacts with normal trading hours and volume. Plus more information on omicron is out now.
  • JLKang
    2021-11-29
    JLKang
    Volatility is back 
  • MHh
    2021-11-29
    MHh
    So fast rebound?
    • MHh
      Oops go down again..
    • MHh
      Too many people quick to buy on any dip
    • MHh
      [LOL]
    • Hayz
      all the money cannot find a home.
    • MHh
      [LOL]
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