22 November 2022 - Week Ahead, COVID in Europe | Ryman Drops Global markets were lower on Friday, with the US market (S&P 500 index -0.14%) slipping as a resurgence of covid-19 cases (particularly in Europe) weighed down on market sentiment.   Equities took a hit after Austria announced it would re-enter a full national lockdown due to a spike in Covid cases. That followed new restrictions for unvaccinated people in Germany as a fourth wave sent daily cases to a record high, while parts of Germany and the Netherlands closed some non-essential businesses. Meanwhile, shares of Moderna jumped nearly 5% after the Food and Drug Administration cleared its vaccine booster shot for all adults in the US.  In terms of sector moves, Tech shares were generally higher as the covid scare caused US Treasury yields to ease. While reopening plays such as travel and energy sectors were heavily hit. European Markets (Stoxx 600 index -0.3%) w...