Global markets were lower overnight, with US markets (S&P 500 Index, -1.7%) sold off as Shanghai's covid-19 lockdown exacerbated concerns about supply chain snarls and global growth, and prospects of policy tightening pushed bond yields higher.
The Nasdaq Technology rose +0.6%, reversing a sharp -4.9% drop earlier in the session.
Global markets were higher overnight, as US markets (S&P500 +1.6%) were trading lower but jumped late in the session following the US Federal Reserve’s decision.
Global markets were higher overnight, with US markets (S&P500 +1.5%) recovering from Friday’s sell off as the fear that enveloped markets late last week on reports of a new mutant strain of COVID19 spreading across the world subsided. But Omicron will rem
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