Global stocks buoyed by renewed risk appetite; oil rebounds



(Fixes slug)

* Wall Street recovers from previous session's losses

* U.S. dollar steady; Japanese yen lower against greenback

* Oil prices gain ground

By Jessica DiNapoli

NEW YORK, Dec 21 (Reuters) - Wall Street recouped losses on Tuesday after a bruising session the previous day, with oil prices also gaining as investors sought riskier assets despite surging Omicron COVID-19 cases around the world.

U.S. President Joe Biden on Tuesday said he would be taking steps to fight the Omicron variant, by opening federal testing sites in New York City and buying 500 million at-home tests Americans can order online for free.

World shares fell earlier in the week after Omicron infections multiplied around the world, but strong corporate earnings and reports that Moderna Inc's MRNA.O COVID-19 vaccine provides protection against the variant gave investors hope on Tuesday. U.S. stocks had also taken a hit after Biden's $1.75 trillion spending bill was dealt a potentially fatal blow on Sunday.

"We think this was kind of overdue over the past couple of weeks. We're kind of set up for a rally in time for Santa Claus, which officially begins next Monday," said Scott Brown, technical market strategist at LPL Financial, explaining that a so-called "Santa Claus rally" can happen in the last five trading days of the year and first two of the new year.

"We think we've had a little bit of a washout. We saw a lot of fear rush into the market."

The Dow Jones Industrial Average .DJI rose 1.56% to 35,478.48, while the S&P 500 .SPX gained 1.61% to 4,641.34. The Nasdaq Composite .IXIC added 2.02% to 15,282.95.

MSCI's gauge of stocks across the globe .MIWD00000PUS was up 1.52%.

Oil prices rebounded from concerns the spread of Omicron would crimp demand for fuel and signs of improving supply.

U.S. crude CLc1 was last up 3.99% to $71.35 per barrel and Brent LCOc1 was at $74.10, up 3.61% on the day.

A somber U.S. trading session on Monday underscored market fears that rapidly rising cases of the coronavirus variant would yet again force governments around the world to impose lockdown measures, potentially choking off fragile economic recoveries from similar measures earlier in the year.

Still, investors were on Tuesday cautiously optimistic that the economic hit would not be as severe this time, buying stocks and selling perceived safe-haven currencies such as the dollar and Japanese yen.

The U.S. Dollar Currency Index =USD was near flat on the day at around 96.53 after slipping as low as 96.336 earlier in the session.

The yen, considered a safe-haven asset, weakened 0.43% to 114.08 per dollar.

Elsewhere, cryptocurrencies - which often offer a reliable gauge to risk sentiment - gained ground. Bitcoin BTC=BTSP added more than 3% after trending lower in recent weeks.



World FX rates YTD Link
Global asset performance Link
Asian stock markets Link



Reporting by Jessica DiNapoli in New York; additional
reporting by Tom Wilson in London and Julie Zhu in Hong Kong;
Editing by John Stonestreet, Ed Osmond, Angus MacSwan and Paul
Simao

免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。

所有缐上交易平台所發佈的資料,僅適用於教育/資訊類用途,不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議,或是交易價格紀錄,或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。

本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。

我們運用 cookies 提供您最佳之網頁使用經驗。更改您的cookie 設定跟詳情。

風險提示:您的資金存在風險。槓桿商品並不適合所有客戶。請詳細閱讀我們的風險聲明