Omicron Sell-Off, Powell Testimony, Euro Inflation – What’s Moving Markets By Investing.com – Investing.com

Omicron Sell-Off, Powell Testimony, Euro Inflation – What’s Moving Markets By Investing.com – Investing.com

By Geoffrey Smith 

Investing.com -- Global markets fall back into risk-off mode as Moderna (NASDAQ:) CEO Stephane Bancel warns about the efficacy of his vaccine against the new Covid-19 variant, Omicron. Stocks are set to open lower accordingly. Federal Reserve Chairman Jerome Powell and Janet Yellen face a grilling about what they intend to do in the face of the new threat. Stocks are set to open lower. Inflation in the Eurozone hits its highest since the single currency was created. Salesforce (NYSE:) reports earnings after the bell. Here's what you need to know in financial markets on Tuesday, 30th November.

1. Moderna CEO puts markets into risk-off mode