European stocks may open higher on Monday as concerns about the new coronavirus variant Omicron ease.
Early indications of the severity of the Omicron Covid-19 variant are "a bit encouraging," top U.S. pandemic advisor Anthony Fauci said Sunday, adding that it was too early to draw definitive conclusions and more information was still needed.
South Africa reported that Omicron is not leading to higher hospitalization rates despite a jump in active cases.
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