Despite the emergence of Omicron, stock markets in the US and Europe rallied in the weeks leading up to Christmas. Picture: Bloomberg
It was a remarkable finish to 2021 for global equity markets. Despite all the uncertainty created by the Omicron variant of Covid-19 in the weeks leading up to Christmas, stock markets in the US and Europe rallied with real determination in the final month of the year. Last week, the S&P 500, which tracks the 500 largest companies in the US, surged to an all-time high after the US Centre for Disease Control and Prevention issued...
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