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World Shares Drop After International locations Impose Omicron-Associated Curbs; U.S. Futures Rise

World Shares Drop After International locations Impose Omicron-Associated Curbs; U.S. Futures Rise

World shares fell once more on Monday whereas U.S. fairness futures rose, as traders mulled the financial implications of a brand new, extremely infectious Covid-19 variant that led some international locations to tighten border controls and impose different precautionary measures.

Tokyo’s Nikkei 225 index dropped 1.63% to its lowest closing degree in a month and a half, after Japan’s authorities mentioned it might shut its borders to all overseas guests beginning Tuesday till extra details about the brand new variant is out there. The Japanese inventory benchmark had declined 2.5% on Friday.

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