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US stocks set for an early bounce on Tuesday as a nascent Santa rally fights against the Omicron gloom

US stocks set for an early bounce on Tuesday as a nascent Santa rally fights against the Omicron gloom

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US stocks are set for an early bounce on Tuesday following the previous session’s sharp sell-off as a nascent Santa rally fights against the gloom caused by the impact of the Omicron coronavirus (COVID-19) variant.  Futures for the Dow Jones Industrial Average were up 0.5%, while those for the S&P 500 also added 0.5%, and contracts for the tech-focused Nasdaq-100 rose 0.7%.

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