Markets rose on Thursday.
The S&P 500 rose 0.6 percent to a record high, the STOXX Europe 600 rose 1.0 percent and the Nikkei 225 rose 0.8 percent.
Jim Paulsen, Leuthold Group’s chief investment strategist, said that “dip-buyers not wanting to miss out on a Santa Rally have taken charge”.
Investors were also encouraged by news that the Omicron variant of the COVID-19 virus is less likely to result in hospitalisation than earlier strains.
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