U.S. stock indexes are poised to open higher on Thursday as pandemic concerns began to ease. New data about the Omicron variant suggests the virus causes milder symptoms compared to its predecessors.
Omicron now also dominates new infections in the U.S.
Meanwhile, Novavax claims that its vaccine provides a good immune response against the latest COVID variant.
Yesterday’s strong consumer confidence data also boosted the markets. Investors will be looking at last week’s initial jobless claims data.
|S&P 500 Futures||4,699.00||13||0.28%|
U.S. Dollar and Treasuries
The yield on the 10-year Treasury rose two basis points. The dollar strengthened against a basket of major currencies.
|U.S. Dollar Index (DXY):||96.17||+0.09||+0.10%|
|U.S. 1 Year Treasury Bill||0.269%||0.009||0.260%|
|U.S. 5 Year Treasury Note||1.237%||0.020||1.217%|
|U.S. 10 Year Treasury Note||1.476%||0.021||1.455%|
Stocks To Watch
Tesla rose an additional 1% after surging 7.49% on Wednesday, on news that Musk stopped selling shares.
Travel and accommodation stocks surged on pandemic news. Hotel firm Las Vegas Sands surged more than 3% in premarket trading. Cruisliners Carnival Corp and Norwegian Cruise rose together with airliners American Airlines and Delta.
Shares of vaccine company Novavax were up in premarket trading. The company shared its findings on the efficacy of its vaccine against the Omicron variant.
|Symbol||Company Name||Price||Chg. %||Volume|
|AAL||American Airlines Group Inc.||$18.47||1.15%||98.32K|
|NCLH||Norwegian Cruise Line Holdings Ltd.||$23.19||2.52%||68.87K|
|DAL||Delta Air Lines Inc.||$39.60||1.20%||36.52K|
|LVS||Las Vegas Sands Corp.||$38.52||4.02%||34.9K|
Commodities To Watch
|WTI Crude Oil||$72.95||0.26%|
|Brent Crude Oil||$75.51||0.29%|
The global crypto markets were stable in the last 24 hours.
|Currency||Symbol||Price||Chg. %||Market Cap.|