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Indian Morning Briefing: Asian Markets Mixed Amid Hopes Omicron Might Be Milder Than Feared

Indian Morning Briefing: Asian Markets Mixed Amid Hopes Omicron Might Be Milder Than Feared
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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CNN CNN Newsroom With Ana Cabrera December 7, 2021 18:34:00

Of gas down to 3.35 a gallon. that is still high, but it s actually a seven-week low, down from 3.42 a month okay and that s for two big reasons. one, the u.s.-led intervention in energy markets really stopped the oil rally in its tracks. the president announced the biggest ever release of emergency barrels from the strategic petroleum reserve. really more of a band-aid than a long-term fix but it has cooled prices off. the other factor is more ominous here and those omicron. you know, initially there were a lot of fears on wall street that this would really slow down energy demand. the good news is those concerns have sed over omicron but that s actually lifted oil prices, ana, have you to remember that gas prize move with a lag to oil so the fact that oil prices have moved back up suggest that maybe the relief on the gasoline front may be short lived. then there s the natural gas which is experimenting an even bigger drop right now. is that expected to last? ....

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Saudi Oil Giant Breathes Down Apple's Neck As World's Most Valuable Company

Thanks to the oil price rally this year, Saudi Aramco has become the world s second most valuable company in market capitalization terms, worth some $2 trillion, compared with Apple s $2.3 trillion ....

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Nasdaq 100 at Record High, ASX 200 Eyes RBA Meeting for Clues

Nasdaq 100 at Record High, ASX 200 Eyes RBA Meeting for Clues
NASDAQ 100, NIKKEI 225, ASX 200 INDEX OUTLOOK:
Beijing’s latest crackdown on Didi Chuxing weighed on Hong Kong’s tech sentiment
The RBA is expected to hold policy rate unchanged and twist its QE program
RBA Meeting, Oil Rally, HK Tech Pullback, Asia-Pacific at Open:
US equity futures are extending higher during early morning APAC trade after the Independence Day holiday. The Nasdaq 100 index rallied 1.15% to an all-time high on Friday, lifted by large-cap stocks such as Alphabet (+2.30%), Amazon (+2.27%) and Microsoft (+2.23%).
The technology sector regained strength amid a renewed wave of lockdowns caused by the Delta variant of the Covid-19 virus around the globe. The upcoming earnings season could provide the stock market another boost as analysts forecast a solid period of growth. This may pave the way for Nasdaq 100 to attempt higher highs in the weeks to come. ....

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Dominicano Jimmy Llibre gana el primer lugar en Florida

Dominicano Jimmy Llibre gana el primer lugar en Florida
diariodigital.com.do - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from diariodigital.com.do Daily Mail and Mail on Sunday newspapers.

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