Marketmind: Long COVID By Reuters – Investing.com
- Date: 30-Nov-2021
- Source: Investing.com
- Sector:Healthcare
- Country:Gulf
Marketmind: Long COVID By Reuters – Investing.com
A look at the day ahead from Sujata Rao.
World stocks' 0.6% rise on Monday came nowhere close to recouping Friday's 2.2% loss, but even that is under threat after Moderna (NASDAQ:) CEO Stephane Bancel predicted existing vaccines would struggle with the Omicron variant.
Fed Chairman Jerome Powell will also tell U.S. lawmakers later in the day the variant could imperil economic recovery, prepared remarks show. Those comments have already sent 10-year Treasury yields down 7 basis points this morning.
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