| Author | Message | ||
     Entrepreneur Kurra Bewarse Username: Entrepreneur Post Number: 3787 Registered: 05-2011 Rating: N/A |
Dow Futures trading higher amid optimism that Omicron could cause less severe illness US Dow futures are trading higher while Nasdaq futures are trading lower. Concerns about the Omicron variant, which has now been confirmed in several U.S. states and numerous countries persist as markets await more information from public health officials regarding transmission, virulence, and vaccination effectiveness. Dr. Anthony Fauci said while it's too early to make definitive statements, it "does not look like there's a great degree of severity" to the Omicron variant, but it does have a "transmission advantage." In Europe, markets were mostly lower. October Germany factory orders -6.9% vs. +1.3% prior. South Africa's president said Omicron hospitalizations are not increasing at an alarming rate. Asia markets were mostly lower. |