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US And European Stocks Ended Lower On Omicron Concerns.


London, Monday, 20 December 2021


Prolonged concerns of the Omicron variant on economy and growth prospects, along with last week’s augmented worries around tighter monetary policy by the Fed, sent US stocks lower on Monday, with all major indexes in decline.


Meanwhile in Europe, worries around the Omicron variant prevailed over any other data, sending all indexes in the red.


In Germany, the Head of German Hospital Federation, Gerald Gass, said that the fast increase of Omicron cases, is threatening to crush the (already) overloaded hospitals, while in the Netherlands the government announced more measures which include a 10-day mandatory quarantine for passengers travelling from the UK. The government applied similar measures for visitors from other EU and Schengen countries.


Finally, in the UK, 12,133 additional cases of Omicron were reported on Sunday in just 24 hours, rising the cases to a total of 37,101 so far, the UK Health Security Agency reported.



U.S. Stock Market Indexes

  • S&P 500: -52.61 (-1.14%) to 4,568.03

  • Nasdaq: -188.74 (-1.24%) to 14,980.94

  • Dow Jones: -433.28 (-1.23%) to 34,932.16


European Stock Market Indexes

  • STOXX Europe 600: -6.55 points, or 1.38%, to 467.35

  • FTSE 100 in London: -71 points, or 0.99%, to end the day at 7,198

  • DAX 30 in Germany: the worst performer of the day, -292 points, or 1.88%, to close at 15,239

  • CAC 40 in France: -56 points, or 0.82%, to 6,870

  • FTSE MIB 30 in Italy: -433 points, or 1.63%, to end the day at 26,177

  • IBEX 35 in Spain: -69 points, or 0.83%, to finish at 8,242


Other markets

  • Ten-year U.S. Treasury note: +1.7 bps to yield 1.4190%

  • Dollar index: -0.08 or -0.08% at 96.48 as of Dec 20, 2021 at 5:04 p.m. EST

  • VIX volatility index: +1.30 (6.03%) at 22.87 as of Dec 20, 3:15 PM CST


Oil prices

  • Brent crude: +0.49 0.69% at $72.01 as of Dec 20, 2021 10:05 p.m. GMT

  • West Texas Intermediate: -2.20 or -3.10% at $68.66Dec 20, 2021 2:29 p.m. EST


Precious metals

  • Gold: -9.99 or -0.55% at $1,790.53 an ounce

  • Silver: -0.11 or -0.48% at $22.26 an ounce


Cryptocurrencies

  • Bitcoin: +168.20 (0.36%) at $46,858.70 as of Dec 20, 10:29 PM UTC

  • Etherum: −28.15 (0.72%) at $3,897.63 as of Dec 20, 10:29 PM UTC



(Written and edited by: The Decision Maker)