Benzinga · Mar 9, 2022
A Peek Into The Markets: US Stock Futures Surge; Crude Oil Down Over 1%
Pre-open movers U.S. stock futures traded higher in early pre-market trade after the Dow Jones tumbled more than 180 points in the previous session. Investors are awaiting earnings results from United Natural Foods, Inc.. (NYSE: UNFI), Campbell Soup Company (NYSE: CPB) and Thor Industries, Inc. (NYSE: THO). The Labor Department's JOLTS report for January will be released at 10:00 a.m. ET. Job openings are likely to hold steady at 10.900 million in January compared to December's higher-than-expected level of 10.925 million. Futures for the Dow Jones Industrial Average surged 473 points to 33,075.00 while the Standard & Poor’s 500 index futures rose 65.75 points to 4,234.50. Futures for the Nasdaq index climbed 246 points to 13,513.00. Oil prices traded lower as Brent crude futures fell 1.2% to trade at $126.43 per barrel, while US WTI crude futures fell 1.5% to trade at $121.82 a barrel. The Energy Information Administration’s weekly report on petroleum inventories in the ...
