Market Watch
Expect smaller gains in 2022, and keep an eye on inflation
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A shopping street in Shanghai. The biggest surprise of 2021 - and potential shock in 2022 - will likely be China.
PHOTO: REUTERS
SINGAPORE - Stocks ended the final week of last year in positive territory despite the prevailing uncertainty as the Omicron variant of the coronavirus continued to sweep across the globe, raising nervousness about the sustainability of the still-fragile global economic recovery.
On Wall Street, the Dow Jones index ended with a fifth consecutive monthly gain, finishing the week at 36,338.30 points for a 387.74-point or 1.1 per cent gain for the week.
