Global markets mixed after Wall St decline, virus unsettled

By JOE McDONALD
AP Business Writer

BEIJING (AP) – Global stocks and Wall Street futures are mixed as traders consider the possible impact of the omicron variant of the coronavirus. London and Frankfurt opened lower and Shanghai and Tokyo fell. Advanced Hong Kong. Governments have responded to this variation by tightening travel controls, causing uncertainty about the prospects for a global economic recovery. Stocks on Wall Street fell on Wednesday after the Institute for Supply Management reported that US manufacturing activity accelerated faster than expected in November. Investors were nervous after the Chairman of the Reserve Federal Reserve Jerome Powell said the US central bank may withdraw stimulus measures sooner than expected due to persistently high inflation.