Opening Bell: Futures, Stocks Recover On Vaccines, US Bill Revival; Dollar Slips – Investing.com
- Date: 21-Dec-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Gulf
Opening Bell: Futures, Stocks Recover On Vaccines, US Bill Revival; Dollar Slips – Investing.com
On Tuesday US futures on the , , and , and European stocks rebounded from an extended selloff, as traders bet that the current range of COVID-19 vaccines—along with on Tuesday from Moderna (NASDAQ:) that "the US drugmaker could develop a booster shot to protect against the Omicron variant in a relatively short period"—will all help successfully manage the Omicron variant.
Adding a positive note, US President Joseph Biden spoke on Sunday with Senator Joe Manchin, and the two agreed to keep the door open for further negotiations on the President's Build Back Better Act, thereby getting his mega stimulus bill back on track.
Oil recovered while the dollar was weaker.
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