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S&P 500 futures gain slightly despite recent tech stock selling, bitcoin's weekend rout
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cnbc.comS&P 500 futures were higher even after a losing week on Wall Street as investors ditched equities amid concerns over the new omicron Covid variant and the Federal Reserve's move to tighten policy.
Nasdaq stock futures were the underperformer on Sunday following a big drop in bitcoin over the weekend and as investors continued to rethink owning tech stocks with high valuations.
Futures contracts tied to the Dow Jones Industrial Average gained 124 points, or 0.4%. S&P 500 futures were 0.3% higher. Nasdaq 100 futures hovered around the flatline.
The Dow and S&P 500 fell 0.17% and 0.84%, respectively, on Friday. The Nasdaq Composite was the underperformer, sliding 1.92%.
Tesla was the biggest drag on the tech-heavy Nasdaq Friday, with shares
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