Stock futures are flat sustaining gains posted by a three-day recovery rally that was led by cooled investor concerns around the Omicron variant.
Stocks traded mixed to pause after a two-day rally, as investors further considered updates around the Omicron variant and weighed a potential policy pivot by the Federal Reserve.
MELBOURNE/BEIJING (Reuters) -Oil prices rose on Thursday, extending gains into a fourth session on positive comments from vaccine makers about their efficacy against the Omicron variant, even as some governments stepped up curbs to stop its rapid spread. U.S. West Texas Intermediate (WTI) crude futures rose 48 cents, or 0.7%, to $72.84 a barrel at 0751 GMT, adding to a 0.4% gain in the previous session. Markets were buoyed by comments from BioNTech and Pfizer that a three-shot course of their COVID-19 vaccine may protect against infection from the Omicron variant.