Dow futures gain more than 100 points ahead of first trading day of 2022

Dow futures gain more than 100 points ahead of first trading day of 2022

U.S. banal futures roseate Sunday, indicating a affirmative commencement for Wall Street connected the archetypal trading time of 2022.

Dow Jones Industrial Average futures YM00, +0.43% were up much than 100 points, oregon 0.3%, Sunday evening. S&P 500 futures ES00, +0.47% and Nasdaq-100 futures NQ00, +0.53% were besides up astir 0.3%.

Stocks fell Friday connected the past trading time of 2021, with the Dow DJIA, -0.16% dipping 59.78 points, oregon 0.2%, to adjacent astatine 36,338.30, portion the S&P 500 SPX, -0.26%  slipped 12.55 points, oregon 0.3%, to decorativeness astatine 4,766.18, and the Nasdaq Composite COMP, -0.61% dropped 96.59 points, oregon 0.6%, to extremity astatine 15,644.97.

For 2021, the S&P 500 soared 26.9%, beating some the Nasdaq’s 21.4% emergence and the Dow’s 18.7% climb.

Read: The S&P 500 bushed some Dow, and Nasdaq successful 2021 by the widest borderline successful 24 years. Here’s what past says happens successful 2022.

Wall Street volition commencement the twelvemonth with a fig of concerns, including the surge successful COVID-19 cases spurred by the accelerated dispersed of the omicron variant and the likelihood of aggregate interest-rates hikes expected aboriginal this year.

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