Stocks advanced Thursday after the latest coronavirus studies stirred hopes that the global recovery can weather the omicron flareup.
Japan helped MSCI Inc.’s Asia-Pacific share index rise for a third day. Technology stocks in Hong Kong lagged amid a slide in JD.com Inc. on Tencent Holdings Ltd.’s plan to distribute shares in the online retailer as a one-time dividend. Trading volumes thinned in many markets ahead of Christmas.
European futures were in the green and U.S. contracts were steady after the S&P 500 closed in on its record high. Brighter U.S. consumer confidence and home sales aided sentiment, as did studies signaling omicron may be less likely to land patients in hospital than the delta variant.
But officials remain cautious since omicron spreads quickly. In China, the city of Xi’an was locked down to curb a Covid outbreak, the latest escalation in the nation’s efforts to extinguish local transmission of the delta strain.
The dollar held most of a drop from U.S. hours and Treasury yieldswere steady. Oil rose to about $73 a barrel. Bitcoin slipped toward $48,000.
US After Hours NVAX +5.7% higher on positive vaccine news; SGMS jumps +8.6% after it withdraws offer for SCPL -19%; NKLA +5.6% higher on tweet showing first customer delivery
Nikkei +0.83% Hang Seng +0.47% CSI +0.55% Shanghai +0.44% Shenzen +0.29%
Eur$ 1.1336 CNH 6.3759 CNY 3.3697 JPY 114.20 GBP 1.3351 CHF 0.9194 RUB 73.5409 TRY 11.9445 WTI$ 72.92 +0.25% Gold 1805.10 +0.089% BTC 48,500 -1.15% ETC 3,960 -1.4%
S&P +0.07% Nasdaq +0.01% EuroStoxx +0.55% FTSE +0.48% Dax +0.48% SMI +0.47%
Macro :
- Bundesbank Sees ‘Increasing Vulnerabilities’ in Financial System
Macro :
- Bundesbank Sees ‘Increasing Vulnerabilities’ in Financial System
- Omicron Hospitalization Risk Below Delta’s in Early Studies
- Russia Builds Up Forces Near Ukraine Even as U.S. Offers Talks
- China Locks Down City of 13 Million in Protracted Covid War
- Odey fund manager leaves his boss in the shade with £15.6m payout
- EU, UK Reach Fishing Deal on Their Shared Stocks
Keep an eye on :
Keep an eye on :
- AIR FP : Airbus Wins EU10b Helicopter Contract for French Armed Forces
- ALV GY : Allianz Invests SEK7.9b in Heimstaden Bostad Portfolio, Forms JV
- DSC2 NA : SPAC Dutch Star Companies TWO and Cabka Agree on Combination
- ALCAR FP : Carmat Finds Causes of Heart Issue, Working to Resume Implants
- CON GY : Continental CEO Sees FY Margin at Upper End of Forecast: WiWo
- CON GY : Continental CEO Sees FY Margin at Upper End of Forecast: WiWo
- ECO NO : EcoOnline Buys Munio for NOK58m in Cash, Share Deal
- ENT LN : Merger Talk in U.K. Newspapers: Entain/Sisal
- GALP PL : Portugal’s ENSE Says Gasoline Consumption Rose 19% in November
- G IM : Generali to Exercise Early Redemption on 6.416% Perpetual Notes
- HOLN SW : Holcim to Buy Malarkey Roofing Products for $1.35B in Cash
- H24 GY : Home24 Buys Butlers Group; Butlers Founder Becomes Home24 Holder
- IBAB BB : IBA Signs Contract With Proton Intnl for ProteusONE in Arkansas
- IMPN SW : Implenia Sells Stake in GCM to Focus on Core Portfolio
- ISP IM : Intesa: Holders of Overall 14.8% Stake Signed Consultation Pact
- TISG IM : Italian Sea Group Gets Perini Navi for EU80m in Auction
- JD US : Tencent’s JD Share Handout May Be Followed by Tech Peers: Guosen -10% in after Hours
- KIT NO : Kitron Offering of 17.9m Shares Prices at NOK19.5/Share
- NWG LN : NatWest Group Hit With Spoofing Lawsuit After Pleading Guilty
- NOVN SW : Novartis’s Cosentyx Wins FDA Approval for Pediatric Arthritis
- PHARM NA : Pharming Group, Sanofi Renew Manufacturing Partnership Agreement
- RNO FP : Renault Commercial Van Venture in China Heads for Restructuring
- RYA ID : Ryanair Cuts Earnings Guidance as Omicron Hits Travel Demand (1)
- TEG GY : TAG Immobilien to Acquire Robyg for EU550 Million
- UTDI GY : United Internet CEO Dommermuth to Boost Stake to 50.1%
- VIG AV : Vienna Insurance Group and Hungary Reach Agreement
- VOW GY : VW Passenger Cars to Invest EU18b in E-Mobility, Digitizing: HB