DragonKing
2021-12-20
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U.S. Stock Futures, Oil Prices Slump on Omicron Curbs
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The index fell Friday, notching its largest weekly percentage decline in three weeks. Contracts for the tech-focused Nasdaq-100 shed 1.7% Monday, and futures for the Dow Jones Industrial Average declined 1.7%.</p>\n<p>Some countries are imposing restrictions to stem the spread of the Omicron variant as the holiday season starts. The Netherlands on Sunday reimposed a lockdown, with all nonessential shops, bars and restaurants closed until mid-January. Irish Prime Minister Micheál Martin also announced new restrictions. President Biden plans to deliver an update Tuesday on the fight against Covid-19 in the U.S., where cases are rising.</p>\n<p>The rise in infections has prompted concerns that a new wave is likely to prolong supply-chain disruptions that have elevated inflation.</p>\n<p>“We’re really seeing Omicron spread like wildfire, and it’s weighing on sentiment,” said Esty Dwek, chief investment officer at FlowBank. “You’re seeing lockdowns instigated in Europe. You’re seeing more and more restrictions and the number of cases is going up so much that even if it’s less severe it could lead to more hospitalizations,” which are likely to cause new restrictions that will weigh on growth, she added.</p>\n<p>Oil prices fell amid concerns that the spread of the Omicron variant could hurt global economic growth and crimp oil demand. Brent crude futures, the benchmark in global oil markets, declined 5.1% to $69.78 a barrel.</p>\n<p>In bond markets, the yield on the benchmark 10-year Treasury note ticked down to 1.368% Monday from 1.401% Friday. Investors tend to buy government bonds, seen as one of the safest assets to hold, in times of uncertainty, causing bond prices to rise and yields to fall.</p>\n<p>The Cboe Volatility Index—Wall Street’s so-called fear gauge, also known as the VIX—ticked up to 27.20, its highest level in two weeks.</p>\n<p>In premarket trading, shares of cruise companies sank, with Norwegian Cruise Line and Carnival down more than 5% each. Shares of energy companies slipped alongside oil prices. Occidental Petroleum shares fell 5.4% and Marathon Oil declined 4.7%.</p>\n<p>Portfolio managers whose performance is assessed on a year-over-year basis are also likely closing out their positions and locking in gains after a strong year in markets. Despite recent market volatility, the S&P 500 is up more than 20% this year.</p>\n<p>Also weighing on sentiment, Sen. Joe Manchin (D., W.Va.) said he would oppose his party’s roughly $2 trillion education, healthcare and climate package, likely dooming the centerpiece of Mr. Biden’s economic agenda as currently written.</p>\n<p>Overseas, the pan-continental Stoxx Europe 600 tumbled 2.5%. Shares of U.K. food-delivery companyDeliverooadded 3.5% in London trading.</p>\n<p>Major indexes in Asia closed lower. South Korea’s Kospi contracted 1.8% and Japan’s Nikkei 225 shed 2.1%. Hong Kong’s flagship Hang Seng Index fell 1.9% to its lowest closing level since March 2020, according to FactSet.</p>\n<p>China’s Shanghai Composite declined 1.1%. China’s central bank cut the one-year loan prime rate amid a slowing economy that has been dragged by a slump in the property sector.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stock Futures, Oil Prices Slump on Omicron Curbs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stock Futures, Oil Prices Slump on Omicron Curbs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-20 18:34 GMT+8 <a href=https://www.wsj.com/articles/global-stock-markets-dow-update-12-20-2021-11639989846?mod=markets_lead_pos1><strong>Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stock futures, oil prices and bond yields fell as investors worried that a rise in Omicron Covid-19 cases would stall economic growth and add pressure to inflation.\nFutures for the S&P 500 ...</p>\n\n<a href=\"https://www.wsj.com/articles/global-stock-markets-dow-update-12-20-2021-11639989846?mod=markets_lead_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/articles/global-stock-markets-dow-update-12-20-2021-11639989846?mod=markets_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108294147","content_text":"U.S. stock futures, oil prices and bond yields fell as investors worried that a rise in Omicron Covid-19 cases would stall economic growth and add pressure to inflation.\nFutures for the S&P 500 tumbled 1.8% Monday. The index fell Friday, notching its largest weekly percentage decline in three weeks. Contracts for the tech-focused Nasdaq-100 shed 1.7% Monday, and futures for the Dow Jones Industrial Average declined 1.7%.\nSome countries are imposing restrictions to stem the spread of the Omicron variant as the holiday season starts. The Netherlands on Sunday reimposed a lockdown, with all nonessential shops, bars and restaurants closed until mid-January. Irish Prime Minister Micheál Martin also announced new restrictions. President Biden plans to deliver an update Tuesday on the fight against Covid-19 in the U.S., where cases are rising.\nThe rise in infections has prompted concerns that a new wave is likely to prolong supply-chain disruptions that have elevated inflation.\n“We’re really seeing Omicron spread like wildfire, and it’s weighing on sentiment,” said Esty Dwek, chief investment officer at FlowBank. “You’re seeing lockdowns instigated in Europe. You’re seeing more and more restrictions and the number of cases is going up so much that even if it’s less severe it could lead to more hospitalizations,” which are likely to cause new restrictions that will weigh on growth, she added.\nOil prices fell amid concerns that the spread of the Omicron variant could hurt global economic growth and crimp oil demand. Brent crude futures, the benchmark in global oil markets, declined 5.1% to $69.78 a barrel.\nIn bond markets, the yield on the benchmark 10-year Treasury note ticked down to 1.368% Monday from 1.401% Friday. Investors tend to buy government bonds, seen as one of the safest assets to hold, in times of uncertainty, causing bond prices to rise and yields to fall.\nThe Cboe Volatility Index—Wall Street’s so-called fear gauge, also known as the VIX—ticked up to 27.20, its highest level in two weeks.\nIn premarket trading, shares of cruise companies sank, with Norwegian Cruise Line and Carnival down more than 5% each. Shares of energy companies slipped alongside oil prices. Occidental Petroleum shares fell 5.4% and Marathon Oil declined 4.7%.\nPortfolio managers whose performance is assessed on a year-over-year basis are also likely closing out their positions and locking in gains after a strong year in markets. Despite recent market volatility, the S&P 500 is up more than 20% this year.\nAlso weighing on sentiment, Sen. Joe Manchin (D., W.Va.) said he would oppose his party’s roughly $2 trillion education, healthcare and climate package, likely dooming the centerpiece of Mr. Biden’s economic agenda as currently written.\nOverseas, the pan-continental Stoxx Europe 600 tumbled 2.5%. Shares of U.K. food-delivery companyDeliverooadded 3.5% in London trading.\nMajor indexes in Asia closed lower. South Korea’s Kospi contracted 1.8% and Japan’s Nikkei 225 shed 2.1%. Hong Kong’s flagship Hang Seng Index fell 1.9% to its lowest closing level since March 2020, according to FactSet.\nChina’s Shanghai Composite declined 1.1%. China’s central bank cut the one-year loan prime rate amid a slowing economy that has been dragged by a slump in the property sector.","news_type":1},"isVote":1,"tweetType":1,"viewCount":438,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/693835361"}
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