Notwithstanding COVID-19 omicron variant concerns, the major market indexes soared to record highs last year. And with this bullish trend expected to continue, Wall Street analysts expect S&P 500 stocks.
India's stock benchmarks closed the penultimate trading session little changed, as gains in information technology stocks were offset by losses in energy, oil & gas and metal stocks, with index heavyweight Reliance Industries Ltd. shedding little less than 2%.
The S&P BSE Sensex was largely unchanged at 57,794. The 30-stock index rose above 58,000 level in intraday trade before erasing the gains. The NSE Nifty 50 also closed little changed at 17,203.95.
The U.S. Court of Appeals for the Federal Circuit (USCAFC) has upheld the U.S. Patent and Trademark Appeal Board’s decisions for unpatentability of five device patents for Sanofi’s Lantus SoloSTAR.