Dollar gains, equity rally stalls as caution returns – Reuters
- Date: 13-Dec-2021
- Source: Reuters
- Sector:Financial Markets
- Country:Gulf
Dollar gains, equity rally stalls as caution returns – Reuters
NEW YORK (Reuters) - World stock markets stalled at two-week highs and oil prices fell on Thursday as increased restrictions in parts of the world to contain the spread of the Omicron COVID-19 variant tempered investor optimism about the economic recovery.
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 8, 2021. REUTERS/Brendan McDermid
European shares closed lower after opening higher, while stocks on Wall Street were mostly in the red and Japan’s blue-chip Nikkei stock index slipped almost half a percent.