Though, at the same time, he cautioned that it’s too early to be definitive. President Joe Biden’s chief medical adviser, said on Sunday. Initial data from South Africa are “a bit encouraging regarding the severity,” Anthony Fauci, U.S. And the 10-year Treasury yield advanced to 1.43%. natural gas fell on forecasts for warmer weather, easing some previous inflationary pressures. Oil rose after Saudi Arabia boosted crude prices, signaling confidence in the demand outlook. We’ve seen several variants and managed to move forward, and we expect a similar playbook to work once again.” “We’ve been living with Covid-19 for more than 20 months now. “Although we do expect this volatility to continue, it very well could be a buying opportunity,” said Ryan Detrick, chief market strategist at LPL Financial, in a note. However, the Cboe volatility index remained elevated. The mood across markets was calmer on Monday as investors pointed to good news from South Africa that showed hospitals haven’t been overwhelmed by the latest wave of Covid cases.
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