Global stock markets rise after Wall St rebounds

AP Business Writer

BEIJING (AP) — Global stock markets have followed Wall Street higher after President Joe Biden reassured investors by calling for more vaccinations but no business or travel curbs in response to the omicron coronavirus variant. Shanghai, Frankfurt, Tokyo and Hong Kong advanced. London opened lower. Wall Street rose after Biden announced the U.S. government will provide free rapid-test kits and increase vaccination efforts but gave no indication of plans for travel bans or other restrictions that might disrupt the economy. Other governments in Asia and Europe have tightened travel controls or pushed back plans to relax curbs already in place.

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