Global markets rattled by omicron vaccine worries
U.S. futures are sliding, following Asian and European markets lower, on concerns that the new omicron Covid-19 variant could potentially evade vaccines.
Financial News
Omicron Covid variant poses ‘very high’ global risk and is likely to spread, WHO warns
Key Points The omicron Covid variant is likely to spread further and poses a “very high” global risk, according to the World Health Organization. It warned Monday that surges of …
Dow tumbles 900 points for worst day of year on fears of new Covid variant, S&P 500 drops 2%
U.S. stocks dropped on Friday amid renewed Covid fears over a new variant found in South Africa.
Vaccine makers move quickly against new omicron Covid variant, testing already under way
Pfizer and BioNTech said they expect more data from lab tests in two weeks at the latest.
A heavily-mutated Covid variant emerges in southern Africa: Here’s what we know so far
The World Health Organization will meet on Friday to discuss a new heavily-mutated variant of Covid-19.
Merkel’s push for German lockdown reportedly blocked as death toll passes 100,000
Germany’s death toll has now surpassed 100,000 but the country’s incoming, new coalition government is resisting a lockdown, for now.
Investors are going wild over a Dutch chip firm. And you’ve probably never heard of it
The 37-year-old company is the only firm in the world capable of making the highly-complex machines that are needed to manufacture the most advanced chips.
Market is ‘one more bad inflation report’ away from a correction, Wharton’s Jeremy Siegel warns
Long-term market bull Jeremy Siegel warns the Federal Reserve will likely take a more aggressive approach to fighting inflation within weeks.
Stocks may be entering an optimal period in the Thanksgiving holiday week
If history is a guide, the market should do well in the upcoming Thanksgiving holiday week.
India’s fastest start-up to hit billion-dollar status is already profitable, says founder
Indian start-up Mensa Brands, which has catapulted to billion-dollar unicorn status in just six months, is already profitable and on course for further growth, founder Anath Narayanan has told CNBC.