Asian stocks firm after Wall Street rout, but Omicron risks loom

U.S. stock indexes retreated more than 1% as positive COVID-19 case counts rose and President Joe Biden's social spending and climate bill hit a significant setback.

The negative mood brightened somewhat in Asian hours with European and U.S. stock futures up and some assets battered in Monday's selling finding buyers, although volumes were thin heading into year-end holidays.European markets appeared set for a higher open with the pan-region Euro Stoxx 50 futures up 1.1%. German DAX futures rose 0.93% while London's FTSE futures added 1.02%. U.S. stock futures, the S&P 500 e-minis , were up 0.72%.climbed 0.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street joins global slump for stocks on Omicron jittersStocks on Wall Street added to their recent string of losses Monday, joining a worldwide slump by financial markets amid worries about how badly the Omicron variant, inflation and other forces will hit the economy.
Source: latimes - 🏆 11. / 82 Read more »

Asian stocks fall on concerns about Omicron variant, Fed policyInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. 亚洲股市下跌，因担心欧米克隆变型、美联储收紧政策
Source: BusinessInsider - 🏆 729. / 51 Read more »