Please note that today 13 December, will be the last day of our Morning Note for 2021. We will resume Morning Note in January 2022. Thank you!
Stock futures held steady in overnight trading Sunday after the S&P 500 notched its best week since February at a fresh record close, rebounding from a big sell-off triggered by fears of the Omicron COVID-19 variant. The Dow Jones Industrial Average futures traded 35 points higher. S&P 500 futures inched up 0.1% and Nasdaq 100 futures were flat. The overnight action followed a strong week on Wall Street as investors shrugged off a hot inflation reading. The blue-chip Dow gained 4% last week, breaking a four-week losing streak with its best weekly performance since March. The S&P 500 and the Nasdaq Composite jumped 3.8% and 3.6%, respectively, last week, both posting their best weekly performance since early February.
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