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European stocks slip down in the midst of omicron antibody fears; Stoxx 600 down 1.2%

European stocks slip down in the midst of omicron antibody fears; Stoxx 600 down 1.2%

Market
U.S. stocks bounced back from the most noticeably awful meeting of the year as financial backers survey omicron, the new COVID-19 variation. The Dow Jones Industrial Average rose more than 236 focuses or 0.68%, while S&P 500 and Nasdaq Composite hopped 1.3% and 1.8%, separately. The snapback comes after stocks experienced the most exceedingly terrible drop of the year Friday as fears about the variation tore through monetary business sectors. European stocks pulled back on Tuesday on new feelings of dread around the omicron Covid variation and antibodies. Oil additionally bounced back more than 6%, prior to pulling back, leaving oil at the $69 per barrel level. Energy stocks likewise mobilized. The container European Stoxx 600 fell 1.2% in early exchange, with automobiles ...