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Asian shares were mixed on Monday at the outset of the last trading week of the year as countries grappled forex news the spread of the omicron coronavirus variant. Trading was closed in Australia for Boxing Day. Japan has yet to see such a wave of new cases.

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Many areas are bustling with yearend shoppers, and many events are being held with spectators, although most people are wearing masks. New daily cases in Japan have totaled about lately.

Still, analysts warned uncertainties lie ahead. Technology companies led U. Wall Street kicked off the final week in a banner year for the stock market with mostly muted trading as investors returned from the Christmas holiday and several overseas markets remained closed.

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The benchmark index, which capped a holiday-shortened week Thursday with a record high, is on pace to close out the year with a It has notched 69 all-time highs so far this year. The major indexes posted weekly forex news last week as fears ebbed about the potential impact of the COVID omicron variant.

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However, much is still uncertain about omicron, which is spreading quickly and prompting a return to pandemic restrictions in some places. Small company stocks also rose.

The Russell index gained 0. Trading is expected to be quiet but potentially volatile this week as the omicron coronavirus variant continues to spread quickly throughout the U. However most big investors have closed out their positions forand are like to hold their ground until next week.

Airline stocks closed lower on the news of pandemic-related cancellations. Delta Air Lines fell 0. Shares in cruise line operators forex news fell.

Norwegian Cruise Line slid 2. Carnival dropped 1.

Authorities in many countries have doubled down on vaccination efforts as omicron outbreaks complicate efforts stave off fresh lockdowns while hospitals are still under strain from delta variant infections. In energy trading, benchmark U. In currency trading, the U. Copyright The Associated Press.

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