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World stocks in third day of gains as Omicron fears ease

  • 📰 Reuters
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  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

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A rebound in market sentiment continued in early European trading on Wednesday, with world shares set for their biggest two-day jump since November last year as investors became less concerned about the Omicron variant.

World shares plunged at the end of last month when the discovery of a new COVID-19 variant spooked investors. But sentiment has rebounded sharply this week in the absence of indications that the variant would derail the economic recovery.

The STOXX 600 had its biggest daily jump since November 2020 on Tuesday and, despite European stock index futures initially being in the red on Wednesday, at 0901 GMT the STOXX 600 was up 0.4%, set for its third consecutive day of gains

 

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cryptocurrecy SHIB

Fears ease Don't you mean the Media tried to ramp up some fear porn but nobody's buying it.

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