Stocks up, oil eases as investors digest post-Christmas Omicron hangover

The gains followed record levels at Thursday's close amid signs that Omicron may cause a milder level of illness, even as the highly transmissible variant led to a surge in case numbers.

In the foreign exchange markets, the dollar was rangebound, despite a hawkish turn at the Federal Reserve this month that saw policymakers signal three quarter-point rate hikes in 2022.

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Asia stocks, oil struggle as Omicron worries weighAsian stock markets were generally weaker with U.S. crude in holiday-thinned trading on Monday, as uncertainty over the economic impact of the Omicron coronavirus variant weighed on investor sentiment.
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