Daily Morning Note | December 09, 2021

Let the Money Talk · Dec 9, 2021 · 7m

Wall Street closed higher on Wednesday for the third straight session amid positive sentiment about the effectiveness of three-dose vaccinations against the newest Covid-19 strain. Markets have faced volatility recently due to concerns about the possible impact of the Omicron variant, as well as the expectation that the Federal Reserve and other major central banks will tighten monetary policy sooner than expected. The major US indexes were in the red for much of the trading session but rallied late to close higher. The Dow Jones Industrial Average added 0.1 per cent to finish at 35,754.75…