Markets were mixed on Tuesday.
The STOXX Europe 600 rose 0.8 percent to a record high but the S&P 500 dipped 0.1 percent.
US COVID-19 infections hit a record high of more than 1 million on Monday, driven by the Omicron variant.
However, JPMorgan equity strategists led by Mislav Matejka wrote on Tuesday that the “new variant is proving to be milder than the prior ones”.
“We believe there is further upside for stocks, despite a strong run so far,” they added.
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