U.S. stock index futures were little unchanged in overnight trading on Wednesday.
U.S. stock index futures were little changed during overnight trading on Wednesday, after the major averages posted a third straight day of gains as traders bet that the omicron variant’s economic impacts won’t be as severe as initially thought. Futures contracts tied to the Dow Jones Industrial Average slid 7 points. S&P 500 futures were down 0.03%, while Nasdaq 100 futures slid 0.08%. During regular trading the Dow and S&P 500 advanced 0.1% and 0.3%, respectively, with each registering a third straight day of gains. The S&P’s gain over the last three days is the strongest of the year, according to MKM Partners. The Nasdaq Composite advanced 0.64%, also registering a third day of gains. Apple had the most positive impact on the index, while Nvidia was the biggest drag. Equities got a boost after Pfizer and BioNTech said Wednesday morning that a booster dose of their vaccine provides a high level of protection against the new omicron variant.
