Asian shares were mostly higher on Tuesday after a worldwide slump for financial markets spurred by worries about how badly the omicron variant, inflation...
BANGKOK — Asian shares were mostly higher on Tuesday after a worldwide slump for financial markets spurred by worries about how badly the omicron variant, inflation and other forces will hit the world economy.
Much of the concern over the outlook has been driven by the omicron variant of coronavirus. Cases have skyrocketed in Europe and in the U.S., federal health officials have announced it accounted for 73% of new infections last week, a nearly six-fold increase in only seven days. Shares fell around the world on Monday. Stocks of oil producers helped lead the way lower after the price of U.S. crude fell 3.7% on concerns the newest coronanvirus variant could lead factories, airplanes and drivers to burn less fuel.
Omicron may be the scariest force hitting markets, but it’s not the only one. A proposed $2 trillion spending program by the U.S. government took a potential death blow over the weekend when an influential senator said he could not support it. Markets are also still absorbing last week’s momentous move by the Federal Reserve to more quickly remove the aid it’s throwing at the economy, because of rising inflation.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Asian stocks fall on concerns about Omicron variant, Fed policyInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Consulte Mais informação »
Nikkei falls 2% as Asian markets retreat on concern about omicron, tighter Fed policyAsian stock markets followed Wall Street lower on Monday amid concern about the coronavirus's latest variant and tighter Federal Reserve policy.
Consulte Mais informação »
‘I see myself on the shelves’: First Asian American woman-owned bookstore opens in N.Y.C.First Asian American woman-owned bookstore opens in NYC. “There’s a lot of resistance and power in reading and sharing books,” owner Lucy Yu says. - NBCAsianAmerica
Consulte Mais informação »
Media Stocks Swoon In Omicron-Induced Market SelloffStocks were flattened Monday by a wave of angst over the fast-spreading Omicron variant, exacerbated by pending interest rate hikes and economic tightening the Fed signaled last week, and after Sen…
Consulte Mais informação »
Nikkei falls 2% as Asian markets retreat on concern about omicron, tighter Fed policyAsian stock markets followed Wall Street lower on Monday amid concern about the coronavirus's latest variant and tighter Federal Reserve policy.
Consulte Mais informação »
Dow plunges 600 points as omicron fears seize global markets
Consulte Mais informação »