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U.S. Stocks, Oil Poised to Open Higher on Monday

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U.S. stocks and crude oil are poised to open higher on Monday, the first trading day after word of the newly identified Omicron variant of coronavirus rattled investors and sent stocks, oil prices and bond yields plunging on Friday.

On Sunday night, Dow Jones Industrial Average futures gained 206 points, or 0.6%, while the S&P 500 futures gained 0.6% and Nasdaq Composite futures gained 0.7%. Crude oil futures were 3.1% higher, at $70.28.

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Dow Jones Futures Rise As Market Rally Awaits Omicron Covid Variant News; What To Do Now

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