Vir Biotechnology, Digital World Acquisition, Apple: What to Watch in the Stock Market Today

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Vir Biotechnology, Digital World Acquisition, Apple: What to Watch in the Stock Market Today
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Here’s what we’re watching in Thursday’s trading session

, suggesting markets were set for another seesaw day driven by uncertainty regarding the potential impact of the Omicron Covid-19 variant. :

Shares of Vir Biotechnology jumped almost 10% premarket after a Covid-19 antibody treatment developed by it and GlaxoSmithKline was effective against the Omicron variant in early laboratory studies, the companies said, setting it apart from similar therapies that appear to work less well against the highly mutated strain.

, including its latest one, and that management has concluded there was a material weakness in its internal control.that the company told suppliers that demand for the iPhone 13 lineup has weakened.

 

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European stocks drop as Omicron fears keep markets on edgeEuropean stocks drop as Omicron fears keep markets on edgeEuropean stock indexes opened lower on Thursday, reversing gains from the previous session as a lack of information about the Omicron variant of COVID-19 left markets volatile, and as investors also bet on faster Fed tapering.
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