Today news
About the same in other media
European stocks seen higher on signs of hope about omicron
Reading now: 170
cnbc.comIn this article
LONDON — European stocks are set to open slightly higher Thursday as traders looked to signs that the omicron Covid-19 variant is not as severe as previously feared.
Britain's FTSE 100 is seen climbing 27 points to 7,347, Germany's DAX rising 51 points to 15,617 and the French CAC up 30 points at 7,068, according to data from IG.
Investors reacted to a study out of South Africa — where the omicron strain was first discovered — suggesting a reduced risk of hospitalization and severe disease compared to delta.
The study, which is not yet peer reviewed, found people diagnosed with omicron in South Africa from Oct. 1 to Nov. 3 were 80% less likely to be hospitalized than if they caught another variant in the same period.
Experts
Read more on cnbc.comAbout this in other media
Equity funds cash in with £14bn haul despite Omicron fears fnlondon.com /2 years ago
BlackRock freezes London back to work plans as Omicron cases soar fnlondon.com /2 years ago
Equity funds cash in with £14bn haul despite Omicron fears fnlondon.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
