These ultimate reopening plays could bounce again, but this trade is not for the faint of heart

The Norwegian cruise ship Dawn arrives in the French Mediterranean port of Marseille on July 27, 2021. Gerard Botino | SOPA photos | Light Rocket | Getty Images Consumer stock stocks tied to the reopening of the economy have been the names hardest hit since the Omicron sell-off began last Friday. In turn, they could … Read more

Oil supply in focus amid omicron Covid variant fears

Oil rigs work on rigs in Gaoyu Lake in Gaoyou in east China’s Jiangsu Province on Friday, September 17, 2021. Barcroft Media | Getty Images OPEC and non-OPEC oil producers, an influential group known as OPEC+, meet on Thursday to decide on the next phase of production policy. The Energy Alliance will hold a video … Read more

Where did Omicron Covid variant come from and where is it circulating?

A doctor wearing personal protective equipment looks before taking a house-to-house coronavirus test on July 21, 2020 in Lima, Peru. Raul Cifuentes | Getty Images News | Getty Images LONDON – With more cases of the new omicron Covid variant emerging around the world, experts say it is possible that the variant, first identified in … Read more

U.S. tightens travel testing requirements, mask mandates

United States President Joe Biden talks about a Covid-19 vaccine that has been administered in the United States at the Eisenhower Executive Office Building in Washington, DC, February 25, 2021. Saul Loeb | AFP | Getty Images The Biden administration is tightening rules for travel to and within the United States, requiring all domestic international … Read more

European markets troubled as omicron Covid variant fears return

LONDON – European shares are expected to open lower on Thursday as concerns over the omicron Covid formula persist. The UK’s FTSE fell 80 points at 7086, the German DAX fell 176 points at 15,295, the French CAC 40 fell 91 points at 6797, and the Italian FTSE MIB fell 326 points at 26,026, according … Read more

Interactive map shows where the Covid omicron variant has been detected

From the US to Germany, Saudi Arabia to Australia, the Covid-19 omicron variant has spread to dozens of countries globally. The World Health Organization has classified omicron, first discovered by South African scientists, as a “variable of concern” because of the large number of mutations that can make the variant more contagious. Much remains unknown … Read more

Stock futures inch higher after sell-off prompted by first U.S. omicron case

U.S. stock index futures rose during overnight trading on Wednesday, after the Centers for Disease Control (CDC) confirmed the first known case of the omicron variant in the United States, sending stocks tumbling. Futures related to the Dow Jones Industrial Average gained 72 points. S&P 500 futures advanced 0.2%, while Nasdaq 100 futures gained 0.25%. … Read more

U.S. confirms nation’s first case of omicron Covid variant in California

On Wednesday, the Centers for Disease Control and Prevention confirmed that US health officials have confirmed the country’s first case of the highly mutated novel coronavirus variant called Omicron in California. The White House’s chief medical adviser, Dr. Anthony Fauci, said the person, who was fully vaccinated, had just returned from travel in South Africa … Read more

Cowen picks stock winners for supply chain issues

Trucks deliver a shipping container at RSD Container Yard Services on November 22, 2021 in Salt Lake City, Utah. George Fry | Getty Images The supply chain turmoil is likely to continue over the next year, according to Quinn, so the company picked the stocks that best met the challenge. .

Oil output policy in focus as omicron rattles markets

A picture of the OPEC logo prior to an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria. Ramzi Boudina | Reuters A group of some of the world’s most powerful oil producers are meeting on Wednesday to discuss the potential impact of the new omicron Covid variable … Read more