By Oliver Gray
Investing.com - U.S. futures were little changed during overnight trading on Wednesday, after the major averages posted a third straight day of gains amid easing concerns over Omicron’s potential economic impact as Pfizer (NYSE:PFE) and BioNTech noted that a booster dose of their vaccine provided a high level of protection against the new strain.
During Wednesday's regular session, the Dow added 35.32 points or 0.1% to 35754.76, the S&P 500 advanced 14.46 points or 0.31% to 4701.22, while the Nasdaq Composite gained 100.07 points or 0.64% to 15786.99.
Dow Jones 30 Futures were down 0.03%, while S&P 500 Futures and Nasdaq 100 Futures were both flat.
Among stocks, heavyweight technology names advanced, with Apple Inc (NASDAQ:AAPL) lifting 2.28% to a fresh record high, while Alphabet Inc (NASDAQ:GOOGL) lifted 0.62%. social media stocks also gained, with Meta Platforms Inc (NASDAQ:FB) up 2.4% and Twitter Inc (NYSE:TWTR) up 2.83%.
Stocks linked to economic reopening closed higher, with Delta Air Lines Inc (NYSE:DAL) up 2.21%, American Airlines Group (NASDAQ:AAL) gaining 1.9%, United Airlines Holdings Inc (NASDAQ:UAL) advancing 4.24%, Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) surging 8.2% and Booking Holdings Inc (NASDAQ:BKNG) gaining 2.77%.
In extended deals, GameStop Corp (NYSE:GME) dipped 4.46% on the back of its third quarter earnings results, which saw it miss on EPS expectations but report higher than anticipated revenue, announcing a loss per share of $1.39 on revenue of $1.297 billion.
Meantime, financials were mostly lower, as JPMorgan Chase & Co (NYSE:JPM) lost 1.14%, Citizens Financial Group Inc (NYSE:CFG) fell 1.51%, Bank of America Corp (NYSE:BAC) lost 1.23% and Citigroup Inc (NYSE:C) was down 0.7%.
On the bond markets, the United States 10-Year yield was around 2-week highs of 1.528%.
Among data, market participants will be looking ahead to initial jobless claims set to be released later in the session.