Equities attempt rebound despite Omicron and Fed tightening bets – Reuters

Equities attempt rebound despite Omicron and Fed tightening bets – Reuters

LONDON/SYDNEY, Dec 3 (Reuters) - European shares opened firmer on Friday, shrugging off weakness in Asia as markets appeared to be slowly accepting the possibility of more COVID-linked activity curbs and an accelerated pace of stimulus tapering by the U.S. Federal Reserve.

Wall Street futures were flatlining by 0922 GMT , after early big falls triggered by news that Chinese ride-hailing giant Didi will move its stock market listing from New York to Hong Kong. read more

Global markets have had a rough week, but more volatility may be ahead with the release of U.S. monthly payrolls data later in the session. These are expected to show 550,000 jobs were created last month, continuing the robust job market expansion hinted at by weekly figures.