Stock Futures, Oil Rise on Hopes of Milder Covid Variant – The Wall Street Journal

U.S. stock futures rose on early indicators that Omicron may be causing milder illness than previously feared, while bitcoin and other cryptocurrencies edged up from weekend lows.

Futures tied to the S&P 500 climbed 0.5% Monday, suggesting the broad-market index may regain some ground, after closing down 0.8% Friday. Dow Jones Industrial Average futures added 0.7%, while Nasdaq-100 futures edged up 0.2%.