Before the Bell | Stock futures, oil drop on concerns over covid strain

Moomoo Breakfast US wrote a column · Nov 26, 2021 05:04

By Danilo

Hey, mooers! Here are things you need to know before the opening bell:

- U.S. stock futures dropped in early morning trading on Friday as investors geared up for a shortened trading day amid renewed Covid fears over a new variant found in South Africa.

- Shares of Malaysia glove stocks rose sharply on renewed buying interest after a new, fast-spreading coronavirus variant was found in South Africa.

Market Snapshot

U.S. stock futures dropped in early morning trading on Friday as investors geared up for a shortened trading day amid renewed Covid fears over a new variant found in South Africa.

Futures for the $Dow Jones Industrial Average (.DJI.US)$ fell 828 points, while those for the $S&P 500 Index (.SPX.US)$ and $NASDAQ 100 Index (.NDX.US)$ were also in in negative territory.

Source: Bloomberg

Market Temperature

Before the Bell | Stock futures, oil drop on concerns over covid strain

Stock futures, oil drop on concerns over covid strain
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New covid-19 variant drives rally in Malaysia glove stocks
Shares of Malaysia glove stocks rose sharply on renewed buying interest after a new, fast-spreading coronavirus variant was found in South Africa.

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