Sharechat Logo

3rd December 2021 Morning Report

Friday 3rd December 2021

Text too small?

After an initial decline, following the concerns over the first case of the Omicron Covid -19 variant on the West coast of the US, the US stock market rebound Thursday amid a week of volatility. Aiding the gain was an agreement in Congress to keep the government funded. At midday trading, the Dow Jones Industrial Average rose 636 points or 1.9%, after the index tumbled 461 points Wednesday to close at 34,022. The S&P 500 gained 1.5%, and the Nasdaq Composite was up 0.86%.

In Europe key markets ended all in the red, falling more than 1% on Thursday, as countries ramped up restrictions to curb the spread of the Omicron which threatens the nascent economic recovery in Europe. The FTSE100 was 0.55% down, while the DAX30 and the CAC40 were also down 1.35% and 1.25% respectively with the STOXX600 ending 1.15% lower. 

 Asian markets ended Thursday mixed with best performing markets being South Korea’s KOSPI (+1.57%) and the Hong Kong Hang Seng (+0.55%), while following Asian indices all ended in negative territory, the Nikkei 225 (-0.65%) and the Shanghai Composite (-0.09%) and the Singapore STI (-0.2%). 

Morning Report 03 December 2021



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

21st January 2022 Morning Report
20th January 2022 Morning Report
19th January 2022 Morning Report
18th January 2022 Morning Report
17th January 2022 Morning Report
14th January 2022 Morning Report
13th January 2022 Morning Report
12th January 2022 Morning Report
11th January 2022 Morning Report
10th January 2022 Morning Report