Dow futures gain more than 100 points ahead of first trading day of 2022

2 years ago 446

U.S. banal futures roseate Sunday, indicating a affirmative commencement for Wall Street connected the archetypal trading time of 2022.

Dow Jones Industrial Average futures YM00, +0.44% were up much than 100 points, oregon 0.3%, Sunday evening. S&P 500 futures ES00, +0.48% and Nasdaq-100 futures NQ00, +0.55% were besides up astir 0.3%.

Stocks fell Friday connected the past trading time of 2021, with the Dow DJIA, -0.16% dipping 59.78 points, oregon 0.2%, to adjacent astatine 36,338.30, portion the S&P 500 SPX, -0.26% slipped 12.55 points, oregon 0.3%, to decorativeness astatine 4,766.18, and the Nasdaq Composite COMP, -0.61% dropped 96.59 points, oregon 0.6%, to extremity astatine 15,644.97.

For 2021, the S&P 500 soared 26.9%, beating some the Nasdaq’s 21.4% emergence and the Dow’s 18.7% climb.

Read: The S&P 500 bushed some Dow, and Nasdaq successful 2021 by the widest borderline successful 24 years. Here’s what past says happens successful 2022.

Wall Street volition commencement the twelvemonth with a fig of concerns, including the surge successful COVID-19 cases spurred by the accelerated dispersed of the omicron variant and the likelihood of aggregate interest-rates hikes expected aboriginal this year.

Read Entire Article