Before the Bell | Early holiday shopping helps offset Omicron damper

Moomoo Breakfast US wrote a column · Dec 27, 2021 04:22

By Julianna

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

- U.S. stock index futures indicated a muted start on Monday as markets reopen after the Christmas holidays and investors assess the spread of the omicron Covid-19 variant.

- U.S. holiday spending rose 8.5% over last year, fueled by shoppers hitting physical stores early over worries about supply.

Market Snapshot

U.S. stock index futures indicated a muted start on Monday as markets reopen after the Christmas holidays and investors assess the spread of the omicron Covid-19 variant.

$Dow Jones Industrial Average (.DJI.US)$ futures pointed to a higher open by around 10 points on Monday. Also, $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ futures both indicated a slightly higher open.

Source: Bloomberg

Market Temperature

Before the Bell | Early holiday shopping helps offset Omicron damper

Read More: Market temperature (12/27)

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