US stocks open in mixed field with Ômicron and oil on radar

The North American market opened in a mixed field in the first session of the week. Investors are keeping an eye on the news about the new variant of the coronavirus, as experts say the disease may be milder than previously feared.

The Dow Jones rose 0.79%, to 34,851 points, the S&P 500 grew 0.13%, to 4,544 points, while the Nasdaq operated at a decrease of 0.86%, to 14,956 points.

Some news emerged last weekend which gave encouragement to the international market. The director of the US National Institute of Allergy and Infectious Diseases, Anthony Fauci, told the CNN, that data so far suggest that the variant is not causing more severe cases of Covid-19.

“But we really have to be careful before making any determination that it’s less serious or doesn’t actually cause any serious illness comparable to Delta. But so far, the signs are a little encouraging regarding gravity.

Another reason that has also driven Wall Street is the price of oil. The commodity soared on “expectations of higher energy demand as lockout fears eased,” noted The Wall Street Journal.

At around 11:30 am, Brasília time, the WTI grew 2.28%, quoted at US$ 67.78, while the Brent was up 2.23%, at US$ 71.44.

Reference: CNN Brasil

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