US politicians place a lot of bets on Wall Street.
The images are by Angela Weiss.
The Omicron coronavirus variant drove volatility in markets on Tuesday, and US futures slipped slightly Wednesday.
The futures for the S&P 500, the Dow Jones and the Nasdaq 100 were all down at the same time. The time is later.
As investors try to work out the likely economic impact of Omicron, they have been scrutinizing any new information that comes out, leading to big falls and gains in the stock market.
The S&P 500 closed at 4,712.02 on Tuesday, which was 1.3% off its record closing high.
The US stock market rebounded sharply Tuesday after three straight sessions of decline. Booster shots are effective against severe illness and are the reason why vaccine-makers announce them.
Jeffrey Halley, senior market analyst at trading platform Oanda, said that investors may want to stay cautious as trading thins out in a holiday-shortened week.
"With pre-holiday liquidity tumbling and market direction entirely dominated by headline-derived volatility, it is probably not wise to get too wedded to 'the worst is over' just yet," he said.
Tokyo's Nikkei 225 was up 0.16% and Hong Kong's Hang Seng was up 0.57%.
Europe's continent-wide Stoxx 600 index was 0.12% higher in early trading. The UK economy grew at a slower rate in the summer than previously thought.
The CIO of $3.2 trillion is sharing 10 New Year's investing resolutions to get your portfolio into top shape.
After the US Federal Reserve last week cut back its bond purchases, investors are still coming to terms with the fact that the world's central banks are fighting inflation.
Long-dated yields have not risen as much as short-dated ones. Some analysts think this means investors think the Fed could hike rates too fast and cause a recession.
The yield on the key 10-year US Treasury note was down slightly on Wednesday. Prices affect yields.
Oil prices increased after gaining Tuesday. The price of oil was higher, with the price of crude up 0.65% to $71.58 a barrel.
Over the course of 24 hours, the price of the digital currency was up 0.84%. Concerns about Fed tapering and Omicron have hit thecryptocurrencies, and it is well below the $59,000 level it traded at a month earlier.
The US stock markets are closed on Friday for Christmas.
Business Insider has an original article.
