As expected, markets reacted more positively on Monday after the Friday Omicron falls.
The WHO said on Monday the Omicron coronavirus variant carried a very high risk of infection and multiple countries joined the list of those who have identified cases. And advised its 194 member nations that any surge in infections could have severe consequences, but said no deaths had been linked to the new variant.
The S&P 500 rebounded Monday, led by tech as investor risk appetite returned. Investors bought the dip, taking advantage of the sharp sell-off in tech stocks. But there was also a bit of news. Twitter founder and CEO Jack Dorsey said he would step down from the social media company.
The latest edition of our finance and property news digest with a distinctively Australian flavour.
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