Markets rose on Wednesday.
The S&P 500 rose 0.3 percent, the STOXX Europe 600 rose 0.7 percent and the Nikkei 225 surged 1.9 percent.
Stocks rose despite the US reporting that consumer prices rose 7 percent in December from the previous year, the biggest jump since 1982.
Investors also shrugged off news of the continuing surge in COVID-19 cases, with the US reporting a 73 percent jump in cases for the week through Sunday and the world as a whole seeing a 55 percent increase.
“This is off the charts,” said Maria Van Kerkhove, WHO’s technical lead on Covid-19. “The sheer volume of cases is putting a burden on health-care systems.”
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