Omicron heals market

News of the day, Thursday, December 30

As people continue to realize Omicron variant is safer than any previous, markets react with enthusiasm — the Dow has risen six days in a row. S&P 500 develops accordingly reaching record highs this week. National lockdowns are not likely to happen soon in the USA, as Biden administration announced. This may have caused retail sector to show us a recovery trend — Walgreens and Nike rose 1.59% and 1.42%.

The same in commodities market: new COVID-19 variant doesn’t seem to depress oil prices — it has restored to pre-pandemic levels.

The price of Brent crude is $ 78.85 per barrel, WTI ­- $ 76.26. EUR/USD is at 1.1303, GBP/USD – 1.3458, gold is at 1,800.35 per ounce.