Meanwhile, WTI oil is trying to settle above $68.50.
Gold is 0.2% higher this morning, as it is boucning from its yesterday’s new local low of $1,762.20. What about the other precious metals?
U.S. stocks are seen opening in muted fashion Friday, at the end of a volatile week driven by news surrounding the omicron Covid variant and ahead of the release of the key monthly U.S. employment report. At 7 AM ET (1200 GMT), the Dow Futures contract was down 20 points, or 0.1%, S&P 500 Futures traded 3 points, or 0.1%, lower and Nasdaq 100 Futures dropped 10 points, or 0.1%. The major indices rebounded Thursday, with the blue chip Dow Jones Industrial Average gaining over 600 points, or 1.8%, the broad-based S&P 500 rose 1.4% and the Nasdaq Composite gained 0.8%.