The Omicron variant and the stock market: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, November 29, 2021 I am not a doctor. I will venture to say that most of you reading this aren’t doctors, either.  So all we could collectively do after Friday’s market beatdown is assess incoming information on the Omicron variant to the best of our ability and go from there.  Here’s the current state of play in this fast-changing… Source link

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Stocks Rebound, Bonds Dip as Omicron Turmoil Eases: Markets Wrap

(Bloomberg) — Stocks in Europe rebounded and U.S. equity futures rose along with Treasury yields as a semblance of calm returned to global markets while investors reconsidered their worst-case scenarios for the omicron coronavirus strain. Most Read from Bloomberg The Stoxx Europe 600 index jumped more than 1%, recovering some of their worst drop in more than a year, with travel and energy stocks leading the advance. S&P 500 and Nasdaq 100 contracts climbed, WTI oil rallied back above $71 a… Source link

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IMessage Tapbacks Are Rolling Out On Google Messages

An Android statue on the Google campus in Mountain View, California, U.S., on Wednesday, Oct. 21, … [+] 2020. The U.S. Justice Department sued Alphabet Inc.’s Google in the most significant antitrust case against an American company in two decades, kicking off what promises to be a volley of legal actions against the search giant for allegedly abusing its market power. Photographer: David Paul Morris/Bloomberg © 2020 Bloomberg Finance LP We’ve all heard this… Source link

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Yahoo announces Julia Edwards as NSW sales director

Share Tweet Share Email Yahoo has promoted Julia Edwards to NSW sales director. Since joining Yahoo 18-months ago, Edwards has been instrumental in building the commercial success of Yahoo Creative Studios (formerly RYOT Studios) in her role as head of strategic solutions.  She has been behind a number of campaigns using technology, including an immersive try-before-you-buy experience for BIG W’s Toy Mania, virtual santa campaign for Officeworks and bringing to life the Finding Our Heart… Source link

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Omicron Cases Mild So Far; NYC Outbreak Worsens: Virus Update

(Bloomberg) — Most Read from Bloomberg Symptoms linked to the omicron coronavirus variant have been mild so far, said South African health experts, including the doctor who first sounded the alarm about the new strain. But the World Health Organization cautioned there is “no information” symptoms caused by omicron are different from other strains. The 13 omicron cases identified in the Netherlands on Sunday suggest the new variant already has a strong foothold in Europe, with more… Source link

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What to know this week

As investors return from the Thanksgiving-shortened trading week, focus will shift to the U.S. labor market. The Labor Department’s monthly jobs report due for release on Friday is set to provide an updated snapshot of the strength in hiring and labor force participation in the U.S. economy. Consensus economists are looking for a half-million jobs to have returned in November, with the pace of hiring slowing only slightly from October’s 531,000 gain. The unemployment rate is also expected to… Source link

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