Before the Bell | Oil Jumps, Stock Futures Rise After Dow Enters Correction

Moomoo Breakfast US wrote a column · Mar 8, 2022 05:05

By Jack

Hey, mooers! Here are things you need to know before the opening bell:

- Stock futures rose slightly Tuesday morning following the S&P 500′s worst day since October, as investors remained on edge about surging oil prices and slowing economic growth amid Russia's invasion of Ukraine.

- The London Metal Exchange said it suspended trading in its nickel market for the remainder of Tuesday, "following further unprecedented overnight increases in the three-month nickel price."

Market Snapshot

Stock futures rose slightly Tuesday morning following the S&P 500′s worst day since October, as investors remained on edge about surging oil prices and slowing economic growth amid Russia’s invasion of Ukraine.

Futures on the $Dow Jones Industrial Average(.DJI.US)$ climbed 106 points, or 0.32%. $S&P 500 Index(.SPX.US)$ futures traded 0.37% higher and $NASDAQ 100 Index(.NDX.US)$ futures were 0.12% above breakeven.

Source: Bloomberg

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