Markets

Following the sell-off seen in the previous session, stocks are likely to move back to the upside in early trading on Monday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 285 points.

The new CORONA-19 virus omicron variant is a matter of concern across the globe and investors are alert to further spread and risk factors. The markets might be reacting to the new infection reports as well as economic announcements, such as monthly Job Reports this week. Asian markets closed mostly...

Asian stock markets are in a sea of red on Monday, following the broadly negative cues from Wall Street on Friday, as worries about the global economy due to resurgence of coronavirus cases in Europe and the detection of a new and possibly vaccine-resistant coronavirus variant in South Africa hit global risk sentiment. Countries have also begun to close borders to flights from African nations.