(Updates prices to close)
By Katanga Johnson
WASHINGTON, Dec 28 (Reuters) – European stocks rose on
Tuesday while Wall Street shares closed mixed after another
record-setting session in which investors shrugged off concerns
over Omicron-driven travel disruptions and store closures.
Asset classes http://tmsnrt.rs/2yaDPgn from oil to equities
have clawed back losses from late November, when the Omicron
variant of COVID-19 sent investors scurrying for safety.
A delay in Britain and France on imposing more COVID curbs
before year-end also excited investors. As the worst fears over
the impact of the variant have subsided, investors have returned
to risk assets.
MSCI’s gauge of stocks across the globe
gained 0.09% as it continued to hover near a record high hit
last month, and the pan-European STOXX 600 added 0.62%
to end the session at a five-week high, heading for its best
month since March this year.
Markets are in the seasonal Santa Claus rally, with CFRA
Research data showing the S&P 500 has on average risen 1.3% in
the last five trading days of the year and first two days of the
new year since…
