Quite a triggering day of major indexes when the U.S health officials confirmed the first case infected by the omicronvariant in California

Updated time: 24 Jan, 2022, 14:29 (UTC+04:00)

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Quite a triggering day of major indexes when the U.S health officials confirmed the first case infected by the #omicronvariant in California. Wall Street turned red.
#sp500 dropped 1.2%, #dowjones down 1.3% and #nasdaq 1.8%.
The CBOE Volatility Index fluctuated 16%, overshadowing positive labor market data.
#federalreserve expected the speeding up of the taper would be clearly discussed in the December meeting, and ensured that it does not disrupt the market.
The OPEC meeting on Thursday was also expected as it will decide the production for next year’s January, after producing nations agreed to add supply to the market.

For stocks, #utilities is the only sector to close in the green.
#Moderna slumped over 11% after losing the appeal against the court ruling on patents held by Arbutus Biopharma.
#Apple lost intraday gains as the market reversed.
#Twitter continued to fall more than 2% due to uncertainty of the new CEO’s leadership.

#Aussie, #sterling and #euro was about flat or little changed. The #yen was still in safe haven.

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