• Stock Futures, Oil Rise as Investors Weigh Omicron Variant0

    Asian stocks fell while U.S. equity futures and European indexes rose, as investors mulled the economic implications of a new, highly infectious Covid-19 variant that led some countries to tighten border controls and impose other precautionary measures. S&P 500 futures were up around 0.7%, suggesting that U.S. markets could open higher after falling sharply Friday,

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  • Asian stocks log more losses as omicron variant of COVID spreads0

    BEIJING (AP) — Asian stock markets fell further Monday after the omicron variant of the coronavirus was found in more countries and governments imposed travel controls. Tokyo, Shanghai, Hong Kong and Sydney declined, though losses were much smaller than Friday’s sharp decline after reports said the variant first spotted in South Africa appeared to be

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  • Asian Markets Fall in Early Monday Trading on Covid-19 Concerns0

    Investors around the globe are looking to Monday’s early trading for clues to the scale of the threat posed by the emergence of a new Covid-19 variant. Though occasional sharp reversals have become commonplace during the bull market that started last year after the lockdown-inspired spring market rout, traders and portfolio managers were struck by

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  • U.S. Stocks, Oil Poised to Open Higher on Monday0

    U.S. stocks and crude oil are poised to open higher on Monday, the first trading day after word of the newly identified Omicron variant of coronavirus rattled investors and sent stocks, oil prices and bond yields plunging on Friday. On Sunday night, Dow Jones Industrial Average futures gained 206 points, or 0.6%, while the S&P

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  • U.S. stock futures rise following Friday’s omicron-sparked selloff0

    U.S. stock futures rose late Sunday, following a steep selloff Friday sparked by fears of the global economic impact of a worrisome new strain of COVID-19. Dow Jones Industrial Average futures YM00, +0.45% gained about 165 points, or 0.5%, as of 6:35 p.m. Eastern. S&P 500 futures ES00, +0.73% and Nasdaq-100 futures NQ00, +0.93% also

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  • Covid Fears Pulled Markets Down Again. It’s Not Time to Worry.0

    It ain’t over till it’s over. And the pandemic ain’t over yet. But while Covid ruined Black Friday for investors, all is not lost for this bull market. A new coronavirus variant discovered in South Africa, dubbed Omicron, caused stocks to fall sharply in a holiday-shortened trading session on Friday. The S&P 500 index dropped

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