World shares gain steam in bright 2022 opening

Published by
Reuters

By Tom Wilson LONDON (Reuters) – World shares extended on Tuesday a bright start to 2022 as markets from Europe to Asia shrugged off worries the Omicron coronavirus variant could choke the global economic recovery, while the dollar rose after U.S. bond yields jumped. The Euro STOXX 600 gained as much as 0.9% to hit a record of 494.55 points, topping its previous all-time high scaled a day earlier. Indexes in Germany, France and Britain rose between 0.7% and 1.3%. Travel and leisure stocks jumped over 3%, with Ryanair adding 10% and British Airways-owner IAG gaining over 12%, reflecting expecta…

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