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Stock futures rise ahead of first trading day of 2022

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Traders are seen working on the New York Stock Exchange’s floor on December 8, 2021, in New York City.

Spencer Platt | Getty Images

Stock futures in the United States rose Sunday night as Wall Street hoped to begin 2022 with a solid foundation.

Futures linked to the Dow Jones Industrial Average increased 80 points. Those for the S&P 500 added 0.3%, while Nasdaq 100 futures gained 0.4%.

Futures have moved after the markets ended a strong 2021 week. This is the S&P 500 rose nearly 27% for the yearThe Dow and the Nasdaq composite also posted large returns. Stocks fell slightly on Friday, but the S&P 500 and Dow were positive for the final week of the year.

With uncertainty surrounding the Covid-19 pandemic, it is a new year that begins with uncertainties. The rise in the omicron version of Covid-19 was a major factor. thousands of flight cancellations during the holiday seasonSeveral of his accomplishments include: businesses and schools to consider temporary closures. Numerous major Wall Street banksHave asked employees to work at home the first couple of weeks in January.

Anthony Fauci, an expert in infectious diseases, told ABC’s Sunday show “This Week” that U.S. officials might soon revise guidelines to add a testing recommendationTo signal that a person has been positive for Covid and is ready to be removed from the group.

Investors expect inflation and monetary policies to be the key themes of 2022. The Federal Reserve is expected to raise rates several times this year in order to cool consumer prices.

Just like for the entire economy, 2022’s market story will bring back normal. The economy will return to normal as spending increases, hiring continues and investment grows. It is normalizing its policy based on these expectations. The macro picture shows that 2022 will be the year we return to normal, according to Brad McMillan (chief investment officer at Commonwealth Financial Network), in a Friday note.

Shares of could give the market a lift Monday. Tesla. The electric vehicle company reported 308,600 deliveries in the fourth quarterExceeding all expectations

This week will be busy for data. The key December jobs report is scheduled for Friday morning publication. Investors will be able to see the latest information regarding construction spending and manufacturing activity on Monday.

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