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Forex Today: Santa Rally Sends US Market to Record High

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Forex Today: SantaRally Sends US Market to Record High Forexnews

Enter your emailContinuing optimism over the impact of the omicron variant boosts the typical late-December Santa rally, pushing US stocks to an all-time high.

markets rose strongly in the US and Europe as data continues to suggest the omicron coronavirus variant, while considerably more infectious, has notably milder effects than previous coronavirus strains, with an estimated 30% to 70% reduction in the probability of hospitalization. This is potentially very good news for both health and economy,Index rose strongly yesterday, ending the session near 4800.

 

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Forex Today: US Stocks End Week at Record HighData suggesting the Omicron variant is 30% to 70% less likely to require hospital treatment than earlier coronavirus strains has improved risk sentiment and pushed global stockmarkets higher.
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