Economic benefit seen in omicron strain of coronavirus

Bloomberg: omicron strain COVID-19 will inspire optimism in stock markets

funds, Bill Ackman saw the economic benefits of the omicron strain of the coronavirus. The strain will instill optimism in stock markets if the symptoms it causes are mild, he said, even given its high infectivity. Bloomberg quoted him.

The agency notes that futures for US stock indices rose on Monday in Asia, as traders assessed the impact of the omicron on the global economic recovery, given reports of mild symptoms. Growth is expected in European markets as well. As noted by CNBC, according to IG, Britain's FTSE will open 97 points up to 7137, Germany's DAX up 191 points to 15.437, France's CAC 40 99 points up to 6824 and Italy's FTSE MIB up 324 points to 26167.

At the same time, on Friday, November 26, against the background of news about the discovery of a new strain of coronavirus, world markets sank. The S&P 500 slipped 1.6 percent in a few minutes since the start of trading, the Dow Jones – 2.2 percent, the Nasdaq – 1.2 percent. Moreover, negative sentiments were reflected in the cryptocurrency market, bitcoin then lost 6.8 percent.

A new strain of coronavirus under the code B.1.1.529 was detected in South Africa on November 11. The first confirmed cases of infection were recorded on November 24. The strain was named with the Greek letter “omicron” and have already managed to recognize its danger at the WHO level.

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