NEW YORK: Global stock markets and Treasury yields edged higher on Wednesday as investors became less concerned about the Omicron coronavirus variant but sentiment cooled after the prior day's big rally in equities and crude oil prices.
Stocks closed lower across Europe but the three main U.S. indices closed up as drugmakers Pfizer and BioNtech said a three-shot course of their COVID-19 vaccine neutralized Omicron in a laboratory test.
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