London, Saturday, 4 December 2021
Markets Weekly Roundup, 29 November-3 December 2021
U.S
In a volatile week of trading for the U.S. markets, two major concerns drove investors’ concerns:
The Fed’s signal of a faster-than-anticipated tapering
The omicron variant of Covid which is expected to slow down global economic growth
Weekly performance
S&P 500: -56.19 – 20.83% YTD
Nasdaq: -406.19 – 17.05% YTD
Dow Jones: -319.26 – 12.98% YTD
Europe
A volatile week for European markets too, driven by:
The omicron variant of Covid which is expected to slow down global economic growth
Inflationary pressures
Weekly performance
STOXX Europe: -0.27% this week
FTSE 100 in London: -1.11% for the week
DAX 30 in Germany: -0.57%
CAC 40 in France: +0.38% this week
FTSE MIB 30 in Italy: + 0.33%
IBEX 35 in Spain: -1.91%