According to the recent research, there are over 80% of people would be motivated to exercise if incentivized by crypto...


Recent Study Reveals That Crypto Motivates People to Exercise

On Friday, Prime Minister Ranil Wickremesinghe warned of a food shortage as the island nation battles a devastating economic...


Thousands queue for petrol, gas in Sri Lanka amid warnings of food shortages

ASML, a semiconductor industry and stock market giant, might have to think smaller. Or maybe bigger. Currently, it is building machines...


Computer chip giant ASML places big bets on a tiny future

Finance ministers and central bank governors of the United States, Japan, Canada, Britain, Germany, France and Italy - the G7, agreed on...


Money for Ukraine Priority in G7 Agenda; Inflation, Food a Concern

An auto safety agency in the U.S. said on Wednesday that it has opened an investigation into a fatal crash involving a Tesla...

Stock Markets

U.S. Agency opens investigation involving Tesla due to 14 Crash Deaths

Stock Market

29 Dec 2021

U.S. Futures and European Stocks Soar while Treasuries Remain Stable

U.S. Futures and European Stocks Soar while Treasuries Remain Stable

The Index Today

U.S. equity futures and European stocks inched higher on Wednesday while the treasuries and the dollar enjoyed relative stability. This comes as traders attempt to gauge the impact of the rapidly-spreading Omicron variant on the world economy.

The FTSE 100 Index hit a record high since February 2020 after U.K. markets resumed post the Christmas holiday, while the Stoxx Europe 600 index edged higher. The S&P 500 futures and Nasdaq 100 soared while technology stocks retreated.

According to Jeffrey Halley, an OANDA Senior Market Analyst, said, “Although omicron cases in the U.S. and Europe amongst others, continue to surge, it has yet to make its presence felt negatively in economic data.” “With market activity much reduced for the holiday season, investors continue to tentatively price in a global recovery hitting a minor bump, and not a pothole,” he added.

©Photo: markets.businessinsider