110,000 Michigan Football Fans Defy World’s Rising Omicron Fears

Author of the article: Bloomberg News Derek Wallbank (Bloomberg) — More than 110,000 fans packed into the University of Michigan football stadium to see the Wolverines beat rival Ohio State for the first time in a decade. The post-game celebrations offered a stark contrast to the calls for caution by world governments concerned about the…
110,000 Michigan Football Fans Defy World’s Rising Omicron Fears

Author of the article:

Bloomberg News

Derek Wallbank

(Bloomberg) — More than 110,000 fans packed into the University of Michigan football stadium to see the Wolverines beat rival Ohio State for the first time in a decade. The post-game celebrations offered a stark contrast to the calls for caution by world governments concerned about the emergence of the omicron variant and a winter Covid surge. 

For millions of college football fans across the U.S., Saturday was blissfully regular. Stadiums were packed in Florida, Oklahoma, Minnesota and elsewhere for what’s known as ‘rivalry week.’ Even more went to see professional football, basketball, hockey and soccer games, plus other college and high school athletic events. 

The scenes of social normality came after a week of renewed concern about the Covid pandemic. The day before, markets went deep red, as the S&P 500 suffered its worst post-Thanksgiving performance since 1941. U.S. stock index futures regained some of their losses in Asia morning hours Monday.

Thanksgiving weekend travel was also almost back to normal, with daily totals 83% to 90% of prepandemic volume, according to the Transportation Security Administration, which handles U.S. airport travel screening.

As of Sunday evening, the U.S. has yet to report a case of the omicron variant. Neighboring Canada has identified at least two infections in people who had recently traveled from Nigeria. 

President Joe Biden has imposed a broad entry ban as of Monday on people who have been in South Africa and seven nearby countries, seeking to halt the spread of the omicron variant. The European Union, the U.K., Canada and several Asian countries have imposed similar measures. 

©2021 Bloomberg L.P.

Bloomberg.com

Financial Post Top Stories

Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts
Crypto Miner Will Use Batteries to Ease Strain on Texas Grid
Read More

Crypto Miner Will Use Batteries to Ease Strain on Texas Grid

Lancium Inc., which develops cryptocurrency infrastructure, signed a deal with a leading Texas battery storage provider that will help Bitcoin miners use more renewable energy and reduce stress on the state’s grid. Author of the article: Bloomberg News Naureen S. Malik The Cormint Data Systems Bitcoin mining facility under construction in Fort Stockton, Texas, U.S.,…
Japan Q1 corporate capital spending rises 3%, led by manufacturers
Read More

Japan Q1 corporate capital spending rises 3%, led by manufacturers

Author of the article: Reuters Tetsushi Kajimoto TOKYO — Japanese firms raised capital spending for the fourth straight quarter in January-March, underscoring the resilience of business investment despite uncertainty over the pandemic and the war in Ukraine. Firm business expenditure could raise hopes for policymakers counting on cash-rich Japanese corporations to splurge on investment in…
Faircourt Asset Management Inc. Announces September Distributions
Read More

Faircourt Asset Management Inc. Announces September Distributions

Author of the article: Toronto, ON, Sept. 23, 2022 (GLOBE NEWSWIRE) — Faircourt Asset Management Inc., as Manager of the Faircourt Funds (NEO:FGX), (NEO:FCS.UN), is pleased to announce the monthly distributions payable on the Shares and Trust Units of the below listed Funds. Financial Post Top Stories Sign up to receive the daily top stories…