Connect with us


Stock markets: Global markets mixed after Wall St decline, virus malaise





Global stocks and Wall Street futures were mixed on Thursday as traders tried to understand the potential impact of the latest variant of the coronavirus.

London and Frankfurt opened lower and Shanghai and Tokyo fell. Hong Kong has moved forward.

It is not known whether Omicron is more dangerous than other variants. But governments have responded by tightening travel controls. This is fueling unease over the prospects for a global economic recovery.

On Wall Street, the future of the Dow Jones Industrial Average was up 0.6% and that of the S&P 500 index was up 0.5%. The index fell 1.2% on Wednesday despite surveys showing that hiring and factory activity in November were better than expected. Markets were already slipping when the White House announced the discovery of the first Omicron box in the United States.

On Wednesday, the Dow Jones fell 1.3% and the Nasdaq fell 1.8%.

In early trading Thursday, the FTSE 100 in London was down 0.9% to 7,105.89 and the DAX in Frankfurt fell 1.4% to 15,263.35. The Parisian CAC lost 1.2% to 6,798.75.

In Asia, the Shanghai Composite Index lost less than 0.1% to 3,573.84 and the Nikkei 225 in Tokyo lost 0.6% to 27,753.37. The Hang Seng in Hong Kong rose 0.6% to 23,788.93.

The Kospi in Seoul jumped 1.6% to 2,945.27 while the S & P-ASX 200 in Sydney lost 0.2% to 7,225.20.

India’s Sensex index rose 0.8% to 58,165.65. New Zealand and Singapore fell as Jakarta advanced.

The latest data “painted a bullish picture of economic conditions, but that seems to be taking a step back as the Omicron variant has the potential to change the landscape,” IG’s Yeap Jun Rong said in a report.

Investors have already been shaken after Federal Reserve Chairman Jerome Powell said the US central bank may withdraw stimulus earlier than expected amid still high inflation.

The Fed’s bond purchases pump money into the financial system, pushing up stock prices. The S & P500 has more than doubled since March 2020.

In energy markets, benchmark US crude rose 87 cents to US $ 66.44 in electronic trading on the New York Mercantile Exchange. The contract fell 61 cents on Wednesday to $ 65.57. Brent crude, the standard for international oil prices, gained $ 1 to $ 69.87 a barrel in London. It lost 36 cents the previous session to $ 68.87.

The dollar gained 113.21 yen against 112.79 yen on Wednesday. The euro rose to $ 1.1323 from $ 1.1319.




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]