Stocks, oil rebound in calm after Omicron

By Dhara Ranasinghe
Updated November 29 2021 - 9:53pm, first published 9:37pm
The S&P 500 and Nasdaq suffered their sharpest fall in months on Friday.
The S&P 500 and Nasdaq suffered their sharpest fall in months on Friday.

A semblance of calm has returned to world markets as investors wait for more details to assess the severity of the Omicron coronavirus variant on the world economy, allowing battered stock markets and oil prices to recover.

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