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Market Focus US stock declined on Thursday, ending its three day winning streak. Investors now worried about that the restrictions to stop the spread of new Omicron variant could harm the economic recovery. A study has found that new Omicron is 4.2 times more transmissible than the delta variant in its early stages. On topContinue Reading

Market Focus After the last two consecutive days of impressive rally, the market was relatively quiet on Wednesday. U.S. stocks have been hesitant after determining their direction in the first hour of opening. At the end of the market, the Dow Jones Industrial Average rose 0.10% to 35,754.76 points, the S&P 500 index rose 0.31%Continue Reading

Market Focus US stock advanced on Tuesday, making the biggest rally in nine months amid risk-on market sentiment. Investors’ mood turned more upbeat this week as several health experts have said that Omicron symptoms appear milder, and the variant seems won’t derail the global economic recovery. However, the new restrictions to stop the spread ofContinue Reading

Market Focus After the White House’s chief medical adviser, Dr. Anthony Fauci, eased concerns about the severity of the new Covid-19 virus, Wall Street decided to put aside omicron’s concerns on Monday. Besides, there are reports that China is considering easing its monetary policy. In terms of Fed policy, the latest report indicates that theContinue Reading

Market Focus US stock fall last Friday amid a sharp selloff witnessed in huge technology companies, extending their weekly slide. The concerns about the new Omicron variant remained, as investors worry about that an outbreak could slowdown the recovery in global economy. Moreover, US Nonfarm Payrolls released last Friday rose by 210K in November, whichContinue Reading

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