U.S. stock futures and crude oil prices led a market rebound on Nov. 29 following sharp selloffs in risk assets on Black Friday triggered by Omicron-related headlines, with investor mood seeming more upbeat after top financial firms over the weekend urged no portfolio adjustments in the wake of news of the COVID-19 variant. Futures on the Dow Jones Industrial Average went up 134 points, or 0.38 percent, S&P 500 futures added 28.5 points, or 0.60 percent, and Nasdaq 100 futures rose 135.25 points, or 0.83 percent, by 5:30 a.m. New York time on Nov. 29, Tradingview data showed. U.S. oil (West Texas Intermediate) prices jumped over $3 dollar a barrel, or 4.66 percent, while the global benchmark Brent crude rallied $2.90 a barrel, or 3.99 percent. Gasoline futures rallied over 5 percent. In another sign of a pivot back into riskier assets and away from safe havens, yields on the 10-year and …
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