JSE follows world markets weaker as global Omicron cases surge

South Africa News News

JSE follows world markets weaker as global Omicron cases surge
South Africa Latest News,South Africa Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

The JSE was weaker early on Monday, in line with its global peers, as a setback for US President Joe Biden’s economic agenda and fresh Covid-19 lockdowns in Europe weighed on global sentiment

The JSE was weaker on Monday morning in line with its global peers, as a setback for US President Joe Biden’s economic agenda and fresh Covid-19 lockdowns in Europe weighed on sentiment.

Senator Joe Manchin, a conservative Democrat from West Virginia, has rejected Biden’s $2-trillion package, saying on Sunday he won’t support the Biden administration’s “Build Back Better” plan. Manchin’s decision will likely kill the $1.75-trillion social spending and climate policy bill as it stands now. ..

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian shares fall to one-year lowAsian stocks and oil prices slid as surging Omicron cases triggered tighter curbs in Europe and threatened to swamp the global economy into the new year
Read more »

Oil slumps more than 2% on rising Omicron casesSurging cases of Omicron in Europe and the US stoked investor worries that new curbs on businesses to combat its spread may hit fuel demand
Read more »

Asian markets drop on Omicron spike, Biden spending bill blowAsian markets drop on Omicron spike, Biden spending bill blowAsian stocks fell on Monday on fears about a fresh global surge in coronavirus infections and as the future of US President, Joe Biden's massive social spending bill was thrown into doubt after it lost the crucial vote of a moderate Democrat.
Read more »

Rampant Covid-19 variant on the rampage in 89 countries, says WHOThe Omicron variant of Covid-19, revealed by SA scientists just 23 days ago, has been reported in 89 countries, the World Health Organisation said on Saturday.
Read more »

Rampant Covid-19 variant on the rampage in 89 countries, says WHOThe Omicron variant of Covid-19, revealed by SA scientists just 23 days ago, has been reported in 89 countries, the World Health Organisation said on Saturday.
Read more »

China detects Omicron variant in incoming travellersOmicron has put China’s Covid-zero strategy under pressure
Read more »



Render Time: 2025-03-07 11:10:36