Russian stocks are currently "uninvestable" as a result of the Ukraine conflict and sanctions, according to US financial institution MSCI.
US stock futures fell Friday, after the major indexes pulled off a remarkable comeback by the previous close, as Russian troops advanced on Ukrainian cities.
The UK's central bank raised its main interest rate to 0.5% as it tries to cool price rises.
Worries over the Omicron variant has injected volatility into markets, as investors have reacted to each new data point or announcement.
US stocks looked set to climb at the open after three consecutive down days, with Omicron causing volatility in markets.
The S&P 500 is back near record highs, with investors reassessing the risks from the coronavirus strain, as focus turns to Friday's inflation data.
Stocks waver as investors parse fresh Omicron headlines, with concerns about Federal Reserve tightening and Chinese property also in focus.
"We advise against hasty shifts in investment strategy and recommend staying invested," UBS Global Wealth Management said.
Bill Ackman made more than $2 billion through savvy trades around the time of the first coronavirus sell-off in March 2020.
Assets hovered at record highs even after the Fed said that "asset prices may be vulnerable to significant declines."
Futures signal more gains ahead for the tech-heavy Nasdaq after the Federal Reserve cut back on its bond purchases, as widely expected.
Stock market investors are grappling with a number of worries including higher inflation, hawkish central banks, and a Chinese slowdown.
Stock market investors' focus was on third-quarter earnings, with a slew of big banks due to report on Thursday.
Stock market investors were waiting for nonfarm payrolls data, which could give the Fed the green light to start tapering asset purchases.
Stock market investors are worrying about soaring energy prices pushing up inflation, among a host of other concerns.
US and global stocks fell sharply in September but the rally should soon resume, UBS Global Wealth Management said.
Global stocks fell again after the S&P 500 slumped 4.8% in September, its biggest monthly fall since March 2020.
Next Page »