European stocks are expected to open sharply lower on Tuesday, with futures reversing themselves on new fears around the omicron Covid variant and vaccines. The U.K.’s FTSE index is seen opening 83 points lower at 6,957, Germany’s DAX 251 points lower at 15,029, France’s CAC
Oil prices gave up gains on Tuesday, falling more than 2% along with broader financial markets, after a media report cast doubt on the efficacy of COVID-19 vaccines against the Omicron coronavirus variant. The head of drugmaker Moderna told the
The dollar hovered on Tuesday above the one-week low against major peers it hit last week, as fears eased that the new omicron coronavirus variant would derail the U.S. recovery and delay Federal Reserve interest rate hikes. The safe-haven yen stabilized some half a
U.S. consumers have spent $7.1 billion in online shopping as of 9 p.m. ET on Cyber Monday , according to the Adobe Digital Economy Index. Adobe expects shoppers to spend between $10.4 billion and $11.1 billion once the final tally
U.S. lawmakers on Tuesday are expected to grill the heads of the Federal Reserve and Treasury Department over stubbornly high inflation and the possible impact of the new Omicron COVID-19 variant on what both officials view as a strong economy.
Nissan Motor Co (7201.T) announced it will spend 2 trillion yen ($17.59 billion) over the next five years to accelerate vehicle electrification, aiming to catch up with rivals in one of the fastest growth areas for the automobile industry. This is the
A look at the day ahead from Danilo Masoni. Sell first, get answers later. With stocks near lifetime peaks, the Black Friday reaction to the new fast-spreading virus strain Omicron was hardly surprising. But a weekend later, investors look heavily
Currency markets calmed on Monday in Asia after the initial shock of the discovery of the omicron coronavirus variant sent investors scurrying for cover last week, but analysts warned of more volatility with little still known about the new strain.
European stocks are expected to start the new trading week far higher, despite extensive concerns over the newly discovered omicron Covid variant. The U.K.’s FTSE index is seen opening 97 points higher at 7,137, Germany’s DAX 191 points higher at 15,437, France’s CAC 40 up 99
Gold prices edged higher on Monday, as concerns over the impact of the possibly vaccine-resistant omicron coronavirus variant supported the precious metal’s safe-haven appeal. Fundamentals Spot gold rose 0.1% to $1,793.72 per ounce by 0201 GMT. U.S. gold futures advanced 0.4% to $1,793.2. The omicron