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\u00a0US stocks turned from green to red at the end of the first session of December yesterday, Wednesday, causing the Dow Jones index to lose a thousand points from its highest level during the session, after the health authorities announced the first case of Omicron in the United States of America, bringing the number of countries in which the Omicron mutant was discovered. to 23 countries, according to the report of the World Health Organization. <\/span><\/span><\/p>\n White House Chief Medical Adviser Fauci announced in a press conference that a person who had received a full vaccination against the virus had just returned from South Africa to California, San Francisco, on November 22, before he tested positive on the twenty-ninth of the same month and is now subject to quarantine.<\/span><\/span><\/p>\n At the beginning of the session, we had followed many economic data that contributed to supporting US stocks, as the private sector added 534 thousand jobs in November, exceeding expectations, and the ISM manufacturing PMI improved by 61.1 from 60.8 in the October reading. <\/span><\/span><\/p>\n In his testimony before the Financial Services Committee in the House of Representatives, US Federal Reserve Chairman Jerome Powell repeated his first testimony and did not come up with anything new, as he reiterated that high inflation must be fought, and accordingly, the markets ignored the testimony of the second day and interacted more with the markets\u2019 concerns about Omicron to bounce back after it was high. <\/span><\/span><\/p>\n Today, the markets are awaiting the speech of US President Joe Biden to explain his plan to control the new strain and whether there will be a closure or any restrictions that will be implemented.<\/span><\/span><\/p>\n In terms of stock movement, the shares of the travel and entertainment sector were more affected, as the share of American Airlines lost about 7.97% at closing at levels of 16.28 dollars, while the share of AMC specialized in the field of theaters and entertainment decreased by about 15.82% at closing at 28.57 levels, with the closing fears rising, in On the other hand, shares of vaccines continue to rise, as B-Verze shares rose by 1.77%, while Johnson & Johnson shares recorded gains of 1.38%.<\/span><\/span><\/p>\n The Dow Jones Industrial Average closed down by about (461) points at the close at 34.022 levels, a loss of about 1.34%, and retraced about a thousand points from its highest level during the session at 35004, and it is now trading in the futures for today\u2019s session, Thursday, at 34.208 levels, up by about 206 points. <\/span><\/span><\/p>\n While the S&P 500 index recorded declines at the close at 4.513 levels, down by 53 points or 1.18%, and it is now trading in futures at 4.534 levels, up by about 26 points. <\/span><\/span><\/p>\n While the Nasdaq index recorded declines by (283 points), to close the session at 15.154 points, recording losses of about 1.83%, and it is now trading in the futures, down by about 70 points.<\/span><\/span><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" \u00a0US stocks turned from green to red at the end of the first session of December yesterday, Wednesday, causing the Dow Jones index to lose a thousand points from its highest level during the session, after the health authorities announced the first case of Omicron in the United States of America, bringing the number of […]<\/p>\n","protected":false},"author":1,"featured_media":2875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-2874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-18"],"acf":[],"yoast_head":"\n