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European markets slightly lower as investors monitor omicron developments


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LONDON — European markets are set to open slightly lower in what’s likely to be a thin trading session on Christmas Eve, with traders keeping a watchful eye on the latest developments around the omicron Covid variant.

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Britain’s FTSE 100 is seen losing 19 points at 7,362, Germany’s DAX down 1 point at 15,749 and France’s CAC off by 9 points at 7,102, according to IG index data. Markets in Italy and Switzerland are closed, while the London trading session will end early at 12.30 p.m. GMT.
 

Market players are juggling concerns over coronavirus restrictions and tighter central bank policy with signs that the heavily mutated omicron strain of the virus is milder than earlier variants like delta. CNBC

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