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US pre-open: Futures point to early gains despite Omicron's arrival

By Iain Gilbert

Date: Thursday 02 Dec 2021

US pre-open: Futures point to early gains despite Omicron's arrival

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Thursday after America's first omicron case fuelled yet another sell-off in the previous session.
As of 1215 GMT, Dow Jones futures were up 0.90%, while S&P 500 and Nasdaq-100 futures had the indices opening 0.63% and 0.26% higher, respectively.

The Dow closed 461.68 points lower on Wednesday as the White House tightened travel restrictions in the wake of the variant's arrival in California, with the Biden administration requiring inbound passengers to the US be tested within 24 hours before departure. Biden also requested businesses proceed with vaccination requirements but the mandate was halted in courts pending review.

Ahead of the bell on Thursday, airline, casino and energy stocks were in the green, with Boeing, Royal Caribbean and MGM Grand all trading more than 2.5% higher in per-market.

In terms of earnings, Dollar General posted a third-quarter earnings per share beat and in-line revenues prior to the open but opted to narrow its full-year sales forecast, and supermarket giant Kroger will also report its latest quarterly numbers before the open.

On the macro front, Challenger job cuts data for November will be published at 1230 GMT, while the Labor Department's all-important jobless claims report will follow at 1330 GMT.

Dow Jones - Risers

Johnson & Johnson (JNJ) $158.08 1.38%
Procter & Gamble Co. (PG) $146.40 1.26%
Amgen Inc. (AMGN) $200.80 0.97%
3M Co. (MMM) $170.81 0.41%
Cisco Systems Inc. (CSCO) $55.03 0.35%
Unitedhealth Group Inc. (UNH) $444.31 0.03%
Honeywell International Inc. (HON) $230.94 0.00%
Dowdupont Inc. (DWDP) $30.52 0.00%
Home Depot Inc. (HD) $400.42 -0.05%
International Business Machines Corporation (CDI) (IBM) $117.06 -0.15%

Dow Jones - Fallers

Salesforce.Com Inc. (CRM) $251.50 -11.74%
Boeing Co. (BA) $188.19 -4.88%
Dow Chemical Co. (DOW) $52.76 -3.95%
Walmart Inc. (WMT) $137.14 -2.48%
Walgreens Boots Alliance, Inc. (WBA) $43.72 -2.41%
Walt Disney Co. (DIS) $142.15 -1.90%
Visa Inc. (V) $190.16 -1.86%
Nike Inc. (NKE) $166.85 -1.50%
American Express Co. (AXP) $150.06 -1.47%
Intel Corp. (INTC) $48.60 -1.22%

S&P 500 - Risers

Vertex Pharmaceuticals Inc. (VRTX) $205.00 9.66%
Lennar Corp. Class A (LEN) $108.57 3.35%
HP Inc (HPQ) $36.46 3.34%
Applied Materials Inc. (AMAT) $151.67 3.04%
Western Union Co. (WU) $16.23 2.59%
Bristol-Myers Squibb (BMY) $54.95 2.46%
Ford Motor Co. (F) $19.58 2.03%
Lam Research Corp. (LRCX) $693.53 2.01%
Becton, Dickinson & Company (BDX) $241.67 1.91%
Clorox Co. (CLX) $165.76 1.79%

S&P 500 - Fallers

Salesforce.Com Inc. (CRM) $251.50 -11.74%
Norwegian Cruise Line Holdings Ltd (NCLH) $17.79 -8.82%
Fortinet Inc. (FTNT) $305.26 -8.08%
American Airlines Group (AAL) $16.28 -7.97%
Royal Caribbean Cr (RCL) $64.27 -7.95%
United Airlines Holdings Inc (UAL) $39.06 -7.57%
Delta Airlines Inc. (DAL) $33.53 -7.38%
Carnival Corp. (CCL) $16.38 -7.04%
Macerich Co (MAC) $17.56 -6.89%
Wynn Resorts Ltd. (WYNN) $76.06 -6.11%

Nasdaq 100 - Risers

Vertex Pharmaceuticals Inc. (VRTX) $205.00 9.66%
NetEase Inc. Ads (NTES) $111.81 3.79%
Applied Materials Inc. (AMAT) $151.67 3.04%
Lam Research Corp. (LRCX) $693.53 2.01%
Intuit Inc. (INTU) $663.89 1.78%
Trip.com Group Limited (TCOM) $27.95 1.64%
Asml Holdings N.V. (ASML) $804.00 1.58%
Micron Technology Inc. (MU) $85.15 1.37%
JD.com, Inc. (JD) $85.18 1.27%
Microchip Technology Inc. (MCHP) $84.47 1.25%

Nasdaq 100 - Fallers

American Airlines Group (AAL) $16.28 -7.97%
Mercadolibre Inc. (MELI) $1,104.20 -7.09%
Wynn Resorts Ltd. (WYNN) $76.06 -6.11%
Qurate Retail Inc. (QRTEA) $7.60 -5.00%
Workday, Inc. (WDAY) $260.86 -4.88%
Tesla Inc (TSLA) $1,095.00 -4.35%
Meta Platforms Inc. (FB) $310.60 -4.27%
NortonLifeLock Inc. (NLOK) $23.82 -4.14%
Incyte Corp. (INCY) $64.96 -4.08%
Xilinx Inc. (XLNX) $219.14 -4.08%

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