Futures tumble on fears of tighter curbs to combat Omicron’s spread By Reuters – Investing.com

Futures tumble on fears of tighter curbs to combat Omicron’s spread By Reuters – Investing.com

By Shreyashi Sanyal

(Reuters) - U.S. stock index futures tumbled more than 1% on Monday, dragged by concerns about the impact of tighter restrictions on the global economy, as the Omicron variant of the coronavirus spreads rapidly around the world.

Surging global infections from the new variant has sparked worries in financial markets, as many European nations and Britain weigh the possibility of curbs during Christmas.