Wall Street opens mixed as Omicron fears linger; “Santa Claus rally” may be muted

Published by
Reuters UK

By Jessica DiNapoli NEW YORK (Reuters) – U.S. stock indexes were mostly flat at the market open as concern about the Omicron COVID-19 variant upending the economic recovery lingered, while investors took a risk-on approach with U.S. Treasuries and the greenback. Stocks and oil on Tuesday made up losses that stemmed from COVID-19 jitters in the previous session, despite cases of coronavirus exploding across the globe. U.S. President Joe Biden plans to make 500 million at-home testing kits available, and other countries are imposing restrictions and giving out additional vaccinations to try to c…

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