On Wall Street, futures contracts tied to the Dow Jones Industrial Average are indicating a 45 point opening bell gain, while those linked to the S&P 500 are priced for an 8.5 point advance after failing to reach a 70th record close of the year last night. Covid cases hitting a record high 258,312 over the past seven days, lead by gains in New York, California and Texas as the Omicron variant retains in dominance, investors are likely to remain cautious until more data emerges to confirm earlier studies that suggest it carries milder symptoms and a reduced risk of hospitalization. exchanges Tuesday, a level representing around two thirds of the recent 20-day average. However, trading volumes remain light, with just over 7.55 billion shares changing hands on U.S. Global oil prices were marked at a one-month high in overnight trading, with WTI futures for February delivery trading just under $76 a barrel, as investors grow incrementally more bullish on growth prospects once the current Omicron wave dissipates. equity futures bumped higher Wednesday, putting the Dow on pace for its sixth consecutive gain, as investors continue to edge stock markets higher, while shrugging off Omicron concerns, over the final full trading days of the year. Stock Futures Edge Higher As Santa Rally Gets Back On Course Here are five things you must know for Wednesday, December 29:ฤก.
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