European shares drop as Omicron keeps markets volatile – Reuters

European shares drop as Omicron keeps markets volatile – Reuters

LONDON, Dec 2 (Reuters) - European stock indexes fell on Thursday, reversing gains from the previous session as a lack of information about the Omicron coronavirus variant left markets volatile, but Wall Street futures pointed to a slightly stronger open in the U.S. session.

Markets first dropped on fears over the Omicron variant on Friday last week, and since then have see-sawed as investors weighed up the possible impact of countries imposing new travel restrictions, amid signs that the new variant may be more contagious than previous ones.

On Wednesday, U.S. stocks started to bounce back but then fell after the first Omicron case in the United States was confirmed. read more