Blog | Russell 1000 dodges the worst of the Omicron meltdown

The discovery of a new Covid-19 variant in late-November ratcheted up already high anxieties about renewed lockdowns across Europe, worsening inflation and central-bank tightening, triggering a panic sell off that left few of the world’s equity markets and stock sectors unscathed.

Along with only a handful of other stock markets, the US held up reasonably well amid the global rout, outperforming the FTSE All-World Index for November and barely denting its significant lead for the year so far. The FTSE Japan, FTSE Asia Pacific and FTSE Emerging indexes suffered the steepest losses.

You can now read the full blog post at the link below