Top Market Headlines: Santa rally to easing Omicron concerns, all you need to know

It is starting to seem like Christmas on Wall Street with equities rallying even as the Omicron spread continues. Broad based gauge S&P 500 finds itself close to a record high and Asian markets take up that cue.

Here is your shot of the Biz Expresso -:

Market Mindmap

• Santa rally: S&P 500 closes in on its record high, Asian markets higher

• Lower volumes across the globe due to holiday shortened week for US markets

• Technical chartists watching 17,000 mark on the Nifty

Omicron Update

• Studies show risk of hospitalization from Omicron 'very low'

• Pfizer's Covid pill approved by US FDA, Merck's pill approval likely this week

Stocks in Focus

• Brokerage Bet: CLSA, Citi bullish on Zee post merger, reiterate BUY call

• Stock Watch: Jubilant Works in focus on reports that Domino's Pizza is hiking rates

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