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World stock prices gain on strong U.S. holiday sales


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World stock prices gain on strong U.S. holiday sales

Reuters.pngStock MarketsDec 28, 2021 

By Katanga Johnson

WASHINGTON (Reuters) - Global stock markets rose on Monday and oil prices eased as investors hailed strong U.S. holiday season sales and some grew less fearful about economic damage from the Omicron variant of COVID-19.

Still, fears that the pandemic could hurt economic growth pushed gold prices to the highest in more than a week despite pressure from a firmer U.S. dollar.

Full article: investing.com

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World shares boosted by Wall Street strength

Reuters.pngStock Markets1 hour ago (Dec 28, 2021 09:50)

By Danilo Masoni and Alun John

MILAN/HONG KONG (Reuters) - Shares in Europe and Asia inched up on Tuesday, helped by another record-setting day on Wall Street and after Britain and France held off from imposing tougher COVID-19 restrictions before year-end.

A variety of asset classes from oil to equities are now near or above recent highs, having walked back losses from late November when the Omicron variant of COVID-19 first emerged and sent investors scurrying for safe havens.

As the worst fears of the impact of the new variant have subsided, investors have been returning to risk assets.


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