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As Omicron variant-related news spread across the globe, stocks and futures in key indices fell on Monday morning. It seems that investors and traders may be adopting risk-averse behavior as much about Omicron’s economic effects remains unknown.
Germany’s DAX index is set to expand later this month. Testing company QIAGEN is set to feature among the 10 companies that will join the index.
On Sunday, Treasury Secretary Yellen said that government spending and higher interest rates would be good for the U.S. economy, pointing to a decade of lower than normal inflation.