01.12. Wall Street closes lower, but now U.S. & European stock futures rise

News for today, December 1st:

Wall Street ended lower yesterday after Federal Reserve Chairman Jerome Powell said the U.S. central bank would consider accelerating the tapering of bond purchases. His announcement is prompted by an increase in inflationary risks, which are putting pressure on the market, already unstable due to the spread of the new COVID-19 variant.

Today, futures for U.S. and European equities rallied, oil increased, and Asian stocks can witness their best day in nearly two months as traders changed course after a sharp sell-off the day before that pushed the regional benchmark to a 12-month low.

The price of Brent crude is $ 70.57 per barrel, WTI — $ 68.51. EUR/USD is at 1.1341, GBP/USD — 1.3308, gold is at $ 1,780.31 per ounce.­­­­