{"id":56470,"date":"2021-12-08T18:22:12","date_gmt":"2021-12-08T14:22:12","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=56470"},"modified":"2021-12-08T18:22:35","modified_gmt":"2021-12-08T14:22:35","slug":"market-drivers-european-session-08-12-2021","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/market-drivers-european-session-08-12-2021\/12\/08\/market-updates\/","title":{"rendered":"Market Drivers \u2013 European Session 08-12-2021"},"content":{"rendered":"\n<p>During Tuesday&#8217;s trading, the S&amp;P 500 and Nasdaq recorded their best days since March, and the Dow Jones Industrial Average rose 492 points, supported by gains in Apple, Salesforce, and American Express. The S&amp;P 500 also posted gains, up 2.1%, and the technology-focused Nasdaq Composite was the outperformer, gaining more than 3%.<\/p>\n\n\n\n<p>Gold prices rose to their highest in a week on Wednesday as the dollar and US bond yields fell and the precious metal received a boost as a safe haven due to tensions related to Ukraine with US consumer price data due later this week.<\/p>\n\n\n\n<p>The price of gold in spot transactions rose 0.4 percent to 1791.40 dollars by 1055 GMT, while US gold futures increased 0.5 percent to 1793.20 dollars.<\/p>\n\n\n\n<p>BioNTech and Pfizer Inc. said Wednesday that three doses of their COVID-19 vaccine have been shown to generate antibodies to the new Omicron variant, in lab tests.<\/p>\n\n\n\n<p>In the first official statement from vaccine producers about the potential efficacy of their doses against Omicron, BioNTech and Pfizer said in a joint statement that two doses of the vaccine resulted in significantly reduced antibody formation, but a third dose of the vaccine increased antibodies by a factor of 25.<\/p>\n\n\n\n<p>The statement added that if necessary, they could produce a vaccine targeting Omicron in particular by March 2022.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>During Tuesday&#8217;s trading, the S&amp;P 500 and Nasdaq recorded their best days since March, and the Dow Jones Industrial Average rose 492 points, supported by gains in Apple, Salesforce, and American Express. The S&amp;P 500 also posted gains, up 2.1%, and the technology-focused Nasdaq Composite was the outperformer, gaining more than 3%. Gold prices rose &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52585,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6928,6911,6864,6837],"class_list":["post-56470","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-euro","tag-europe","tag-european-stocks","tag-eurozone"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=56470"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56470\/revisions"}],"predecessor-version":[{"id":56472,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56470\/revisions\/56472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52585"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=56470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=56470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=56470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}