European stock markets wavered on Wednesday, following a strong rally that reflected a burst of optimism the Omicron coronavirus variant would prove less economically disruptive than feared.
The regional Stoxx 600 index was little changed in early dealings after closing 2.4 per cent higher on Tuesday. London’s FTSE 100 and Germany’s Dax fluctuated in a tight range. In Asia, Hong Kong’s Hang Seng traded flat and Tokyo’s Nikkei 225 added 1.4 per cent.
Global stocks rose by the most in more than a year on Tuesday, after whipsawing in the last fortnight as investors debated the potential impact of Omicron, which has appeared more transmissible than previous variants.
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