SQUAWK BOX, FRIDAY 3RD DECEMBER, 2021

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2+ y ago 26:28

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The Dow surges by more than 600 points following the Omicron sell-off, however futures are down ahead of the November U.S. jobs report. Opec+ countries say that they will consider cutting supply ahead of schedule should a new pandemic surge hit demand. The announcement comes after a 400k bpd increase was promised last month. Chinese ride-hailing firm Didi is to delist from the NYSE and move to Hong Kong after Chinese regulators reportedly warned U.S.-listed firms over data security. China sees its services sector expanding at a slower pace in November, hindered by inflationary pressures and Covid. And in Europe, Brussels has said that the Omicron will become the dominant strain on the continent within months, while Germany is considering forced vaccinations.

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