Stock futures surges on first trading day of 2022 betting on economic recovery amidst Omicron
U.S stock futures surged on the first trading day of 2022 as investors are keeping an eye on the economy’s capacity to withstand the Omicron variant of coronavirus and other variables that might impact the stock market this year
By Ishika Dangayach
Published - Jan 03, 2022, 02:07 PM ET
Last Updated - Jul 09, 2024, 06:41 AM EDT
• 10-year Treasury note rate jumped 3.5 basis points to 1.538 percent
• Dow futures climbed more than 150 points on first trading day of 2022
U.S stock futures surged on the first trading day of 2022 as investors are keeping an eye on the economy’s capacity to withstand the Omicron variant of coronavirus and other variables that might impact the stock market this year.
Dow Jones Industrial Average futures climbed 0.50 percent on Monday. The S&P 500 futures gained 0.61 percent, while the Nasdaq futures advanced 0.74 percent.