U.S. stock futures ticked higher, pointing to gains for major indexes amid cautious hopes that the Omicron variant of Covid-19 could lead to a milder form of the disease.
Futures on the S&P 500 strengthened 0.9% and futures on the Dow Jones Industrial Average rose 0.8%. Changes in equity futures don’t necessarily predict moves after the opening bell.
European stocks advanced Tuesday for a two-day winning streak. The Stoxx Europe 600 added 1.2% in morning trade. Consumer discretionary and utilities sectors led gains while the healthcare sector lost ground.
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