Asian stocks fell while U.S. equity futures and European indexes rose, as investors mulled the economic implications of a new, highly infectious Covid-19 variant that led some countries to tighten border controls and impose other precautionary measures.
S&P 500 futures were up around 0.7%, suggesting that U.S. markets could open higher after falling sharply Friday, following last week’s Thanksgiving holiday. Futures tied to the Dow Jones Industrial Average were 0.4% higher, while U.S. crude oil also rebounded partially, jumping 4% to $70.91 a barrel.
