Opening Bell: US Futures Struggle To Maintain Rally; Gold Slips, Oil Up – Investing.com

Opening Bell: US Futures Struggle To Maintain Rally; Gold Slips, Oil Up – Investing.com

Despite uncertainty on the potential economic impact of the Omicron variant of COVID-19, as well as the likelihood of approval of the US's fiscal stimulus bill, , , and futures edged slightly higher in trading on Wednesday after Tuesday's strong performance on Wall Street. In Europe markets are up over 1%.

Oil advanced for a second day. 

All four US benchmark contracts were slightly in the green in early trading this morning though futures on the Russell 2000 opened lower. The small cap index is the only one of the four primary US benchmarks in a daily downtrend.