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S&P 500 futures gain slightly despite recent tech stock selling, bitcoin's weekend rout
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S&P 500 futures were higher even after a losing week on Wall Street as investors ditched equities amid concerns over the new omicron Covid variant and the Federal Reserve's move to tighten policy.
Nasdaq stock futures were the underperformer on Sunday following a big drop in bitcoin over the weekend and as investors continued to rethink owning tech stocks with high valuations.
Futures contracts tied to the Dow Jones Industrial Average gained 124 points, or 0.4%. S&P 500 futures were 0.3% higher.
Read more on cnbc.comAbout this in other media
Bitcoin hash rate returns to all-time high levels cointelegraph.com /3 years ago
Stock futures rise slightly after a rebound in markets as investors reassess omicron risk cnbc.com /3 years ago
The bigger picture: What does El Salvador’s Bitcoin city mean for the global crypto market? economictimes.indiatimes.com /3 years ago
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